SEC Form 4 · accession 0001437749-18-004654
NEWMARK GROUP, INC. · NMRK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Barry M Gosin
Officer — Chief Executive Officer
Period of report
Mar 12, 2018
Accepted (ET)
Mar 14, 2018 · 6:28 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001690680
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common Stock, par value $0.01 per shareF1 | Mar 12, 2018 | A | 327,746 | — | A | 327,746 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On March 12, 2018, Newmark Group, Inc. (the "Company") issued to the reporting person 327,746 net shares of its Class A Common Stock, par value $0.01 per share (the "Class A Common Stock"), based on the price of $15.57 per share, which was the closing price of the Class A Common Stock on such date, following the redemption and cancellation of an aggregate of 642,261 non-exchangeable limited partnership units of Newmark Holdings, L.P. The transaction 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.