Key facts
- This page summarizes Michael J. Rispoli's Form 4 filing for NEWMARK GROUP, INC. (NMRK).
- 5 reported transactions and 1 derivative row are listed below.
- Filing timestamp: 30 Jun 2021, 17:21.
Michael J. Rispoli - 28 Jun 2021 Form 4 Insider Report for NEWMARK GROUP, INC. (NMRK)
- Signature
- /s/ Michael J. Rispoli
- Issuer symbol
- NMRK
- Transactions as of
- 28 Jun 2021
- Net transactions value
- $0
- Form type
- 4
- Filing time
- 30 Jun 2021, 17:21:01 UTC
- Next filing
- 03 Oct 2022
- SEC
- View on sec.gov
Key filing fact
Michael J. Rispoli filed Form 4 for NEWMARK GROUP, INC. (NMRK) on 30 Jun 2021.
Change
- No earlier filing in this sequence is available for direct comparison.
- Current net transaction value: $0.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
See Original Filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported transactions
NMRK
transaction
Class A common stock, par value $0.01 per share
Options Exercise
- Transaction value
- Shares
- +21,744
- Change %
- +1108%
- Price
- Shares after
- 23,706
- Date
- 28 Jun 2021
- Ownership
- Direct
- Footnotes
- F1
NMRK
transaction
Class A common stock, par value $0.01 per share
Award
- Transaction value
- Shares
- +5,642
- Change %
- +24%
- Price
- Shares after
- 29,348
- Date
- 28 Jun 2021
- Ownership
- Direct
- Footnotes
- F2
NMRK
transaction
Class A common stock, par value $0.01 per share
Award
- Transaction value
- Shares
- +383
- Change %
- +1.3%
- Price
- Shares after
- 29,731
- Date
- 28 Jun 2021
- Ownership
- Direct
- Footnotes
- F3
NMRK
transaction
Class A common stock, par value $0.01 per share
Tax liability
- Transaction value
- Shares
- -3,805
- Change %
- -13%
- Price
- Shares after
- 25,926
- Date
- 28 Jun 2021
- Ownership
- Direct
- Footnotes
- F4
Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)
NMRK
transaction
Derivative
Newmark Holdings Exchangeable Limited Partnership Units
Options Exercise
- Transaction value
- Shares
- -23,124
- Change %
- -98%
- Price
- Shares after
- 436
- Date
- 28 Jun 2021
- Ownership
- Direct
- Underlying class
- Class A common stock, par value $0.01 per share
- Underlying amount
- Exercise price
- Footnotes
- F1
An asterisk next to the price means the reported price is likely invalid.
Explanation of Responses:
| Id | Content |
|---|---|
| F1 | On June 28, 2021, 23,124 exchangeable limited partnership units of Newmark Holdings, L.P. ("Holdings Units") held by the reporting person were exchanged into 21,744 shares of Newmark Group, Inc. (the "Company") Class A common stock, par value $0.01 per share ("Class A Common Stock"), at the current exchange ratio of 0.9403 shares of Class A Common Stock per Holdings Unit. Exchangable Holdings Units are exchangeable by the holder at any time into shares of Class A Common Stock at the then-current exchange ratio. |
| F2 | On June 28, 2021, the Company granted to the reporting person 5,642 shares of its Class A Common Stock following the redemption of an aggregate of 6,000 non-exchangeable Holding Units held by the reporting person for zero. The grant was approved by the Compensation Committee of the Board of Directors of the Company (the "Compensation Committee") and is exempt pursuant to Rule 16b-3 under the Securities Exchange Act of 1934, as amended ("Rule 16b-3"). |
| F3 | On June 28, 2021, the Company granted to the reporting person 383 shares of Class A Common Stock. The grant was approved by the Compensation Committee and is exempt pursuant to Rule 16b-3. |
| F4 | In connection with the transactions described above, 3,805 shares of Class A Common Stock were withheld to pay taxes on the transactions described above. |