Rispoli Michael J. 4
4 · NEWMARK GROUP, INC. · Filed Mar 18, 2021
Insider Transaction Report
Form 4
Rispoli Michael J.
Chief Financial Officer
Transactions
- Award
Newmark Holdings Exchangeable Limited Partnership Units
2021-03-16+6,042→ 23,559 total→ Class A common stock, par value $0.01 per share
Footnotes (1)
- [F1]On March 16, 2021, the reporting person was granted 6,042 exchange rights with respect to 6,042 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 17,517 exchangeable Holdings Units held by the reporting person prior to such grant. The exchangeable Holdings Units held by the reporting person are exchangeable, at the option of the holder thereof, into shares of Class A common stock, par value $0.01 per share, of Newmark Group, Inc. ("Class A common stock") at the current exchange ratio of 0.9365 shares of Class A common stock per Holdings Unit (subject to adjustment).