Michael J. Rispoli - Oct 13, 2023 Form 4 Insider Report for NEWMARK GROUP, INC. (NMRK)

Role: Chief Financial Officer
Signature: /s/ Michael J. Rispoli
Stock symbol: NMRK
Transactions as of: Oct 13, 2023
Transactions value $: $0
Form type: 4
Date filed: 10/17/2023, 04:10 PM
Previous filing: Oct 3, 2023
Next filing: Mar 15, 2024

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
transaction	NMRK	Newmark Holdings Exchangeable Partnership Units	Award		+6.56K	+31.77%		27.2K	Oct 13, 2023	Class A common stock, par value $0.01 per share			Direct	F1

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

Explanation of Responses:

Id	Content
F1	Consists of a grant of 6,563 exchange rights with respect to 6,563 previously awarded units ("Holdings Units") of Newmark Holdings, L.P. that were previously non-exchangeable. The total number of exchangeable Holdings Units held by the reporting person also includes 20,657 exchangeable Holdings Units held by the reporting person prior to such grant. Exchangeable Holdings Units are exchangeable by the holder at any time into shares of Class A Common Stock at the then-current exchange ratio. 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 Exchange Act.

Content

Consists of a grant of 6,563 exchange rights with respect to 6,563 previously awarded units ("Holdings Units") of Newmark Holdings, L.P. that were previously non-exchangeable. The total number of exchangeable Holdings Units held by the reporting person also includes 20,657 exchangeable Holdings Units held by the reporting person prior to such grant. Exchangeable Holdings Units are exchangeable by the holder at any time into shares of Class A Common Stock at the then-current exchange ratio. 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 Exchange Act.