Barry M. Gosin - 30 Mar 2023 Form 4 Insider Report for NEWMARK GROUP, INC. (NMRK)

Signature
/s/ Barry M. Gosin
Issuer symbol
NMRK
Transactions as of
30 Mar 2023
Net transactions value
$0
Form type
4
Filing time
03 Apr 2023, 16:09:59 UTC
Previous filing
23 Dec 2021
Next filing
02 Jan 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NMRK Class A Common Stock, par value $0.01 per share Award +189,024 +4.7% 4,188,622 30 Mar 2023 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On March 30, 2023, Newmark Group, Inc. (the "Company") granted to the reporting person 189,024 shares of its Class A common stock, par value $0.01 per share, following the redemption and cancellation of an aggregate of 203,186 non-exchangeable limited partnership interests of Newmark Holdings, L.P at the then-current exchange ratio of 0.9303. The grant was approved by the Compensation Committee of the Board of Directors of the Company and is exempt pursuant to Rule 16b-3 under the Securities Exchange Act of 1934, as amended.