SEC Form 4 · accession 0001437749-19-003950
NEWMARK GROUP, INC. · NMRK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Stephen M Merkel
Officer — EVP and Chief Legal Officer
Period of report
Feb 28, 2019
Accepted (ET)
Mar 4, 2019 · 4:56 pm EST
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 | Feb 28, 2019 | A | 42,864 | — | A | 55,193 | D | |
| Class A Common Stock, par value $0.01 per shareF2 | holding | — | — | — | 2,901 | I | By various trusts | |
| Class A common stock, par value $0.01 per shareF3 | holding | — | — | — | 10,203 | I | By 401(k) plan | |
| Class A common stock, par value $0.01 per share | holding | — | — | — | 1,043 | I | By reporting person's spouse |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On February 28, 2019, Newmark Group, Inc. (the "Company") granted to the reporting person 42,864 shares of its Class A Common Stock, par value $0.01 per share (the "Class A Common Stock"), following the redemption and cancellation of an aggregate of 50,000 non-exchangeable limited partnership interests of Newmark Holdings, L.P. 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.
- F2Represents shares of Class A Common Stock of the Company held in trusts for the benefit of the reporting person's immediate family, of which the reporting person's spouse is the sole trustee of each trust and the reporting person has the power to remove and replace such trustee.
- F3Represents shares of Class A Common Stock held in the reporting person's 401(k) account as of February 28, 2019.