4//SEC Filing
Coniglio Anthony 4
Accession 0001628280-25-002177
CIK 0001854964other
Filed
Jan 21, 7:00 PM ET
Accepted
Jan 22, 4:10 PM ET
Size
11.5 KB
Accession
0001628280-25-002177
Insider Transaction Report
Form 4
Coniglio Anthony
DirectorPresident and CEO
Transactions
- Award
Common Stock, par value $0.01 per share
2025-01-17+15,518→ 593,678 total - Tax Payment
Common Stock, par value $0.01 per share
2025-01-17$16.18/sh−8,947$144,762→ 584,731 total - Disposition to Issuer
Dividend Equivalent Rights
2025-01-17$16.18/sh−4,814.6$77,900→ 0 totalExercise: $0.00→ Common Stock (4,814.6 underlying) - Award
Dividend Equivalent Rights
2025-01-17+4,814.6→ 4,814.6 totalExercise: $0.00→ Common Stock (4,814.6 underlying)
Footnotes (4)
- [F1]On January 17, 2025, the Compensation Committee of the Board of Directors of NewLake Capital Partners, Inc. (the "Issuer") certified the Reporting Person's achievement relative to the applicable performance hurdles during the measurement period that began on January 1, 2022, and ended on December 31, 2024, and approved the vesting of the performance restricted stock units ("PSUs").
- [F2]In accordance with the award agreement and the Issuer's 2021 Equity Incentive Plan, the PSUs convert into common stock on a one-for-one basis.
- [F3]Shares reported were withheld from the Reporting Person for the payment of taxes associated with the vesting of the PSUs.
- [F4]Dividend equivalent rights accrued with respect to these PSUs when and as dividends were paid on the Issuer's common stock. The dividend equivalent rights were settled in cash in accordance with the 2021 Equity Incentive Plan when the underlying PSUs vested on January 17, 2025. The number of shares of common stock underlying the dividend equivalent rights was determined by dividing the dollar amount of the accrued dividend equivalent rights by $16.18, which was the closing price of the Issuer's common stock on January 17, 2025.
Documents
Issuer
NewLake Capital Partners, Inc.
CIK 0001854964
Entity typeother
Related Parties
1- filerCIK 0001543841
Filing Metadata
- Form type
- 4
- Filed
- Jan 21, 7:00 PM ET
- Accepted
- Jan 22, 4:10 PM ET
- Size
- 11.5 KB