Gordon F. Dugan - Jun 6, 2023 Form 4 Insider Report for NewLake Capital Partners, Inc. (NLCP)

Role
Director
Signature
/s/ Lisa Meyer
Stock symbol
NLCP
Transactions as of
Jun 6, 2023
Transactions value $
$89,995
Form type
4
Date filed
6/8/2023, 04:53 PM
Previous filing
Jun 16, 2022
Next filing
Jun 29, 2023

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 $90K +7.25K +16.91% $12.42 50.1K Jun 6, 2023 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 88K Jun 6, 2023 Common Stock 88K $24.00 Direct
holding NLCP OP Units 54.9K Jun 6, 2023 Common Stock 54.9K 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 6, 2024 or (ii) the date of the Issuer's 2024 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.