Gordon F. Dugan - 07 Jun 2022 Form 4 Insider Report for NewLake Capital Partners, Inc. (NLCP)

Role: Director
Signature: /s/ Anthony Coniglio, attorney in fact
Issuer symbol: NLCP
Transactions as of: 07 Jun 2022
Net transactions value: $0
Form type: 4
Filing time: 09 Jun 2022, 16:36:13 UTC
Previous filing: 19 Jan 2022
Next filing: 16 Jun 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NLCP	Common Stock, par value $0.01 per share	Award	$0	+4,296	+11%	$0.000000	42,841	07 Jun 2022	Direct	F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
holding	NLCP	Stock Options						87,976	07 Jun 2022	Common Stock	87,976	$24.00	Direct
holding	NLCP	OP Units						54,921	07 Jun 2022	Common Stock	54,921		Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents common stock of NewLake Capital Partners, Inc. (the "Issuer") subject to restricted stock units (RSUs) granted to the Reporting Person pursuant to the Issuer's 2021 Equity Incentive Plan for service on the Issuer's board of directors. The RSUs will vest, subject to continued service, 100% on the earlier of (i) June 7, 2023 or (ii) the date of the Issuer's 2023 annual meeting of stockholders.
F2	Includes 54,921 units of limited partnership interests in the Issuer's operating partnership ("OP Units"). OP Units are redeemable for cash or, at the option of the Issuer, convertible into shares of the Issuer's common stock on a one-for-one basis.

Content

Represents common stock of NewLake Capital Partners, Inc. (the "Issuer") subject to restricted stock units (RSUs) granted to the Reporting Person pursuant to the Issuer's 2021 Equity Incentive Plan for service on the Issuer's board of directors. The RSUs will vest, subject to continued service, 100% on the earlier of (i) June 7, 2023 or (ii) the date of the Issuer's 2023 annual meeting of stockholders.

Includes 54,921 units of limited partnership interests in the Issuer's operating partnership ("OP Units"). OP Units are redeemable for cash or, at the option of the Issuer, convertible into shares of the Issuer's common stock on a one-for-one basis.