4//SEC Filing
Weinstein David L. 4
Accession 0001628280-25-031269
CIK 0001854964other
Filed
Jun 12, 8:00 PM ET
Accepted
Jun 13, 3:31 PM ET
Size
9.8 KB
Accession
0001628280-25-031269
Insider Transaction Report
Form 4
Weinstein David L.
Director
Transactions
- Award
Dividend Equivalent Rights
2025-06-12+359.8→ 359.8 total→ Common Stock (359.8 underlying) - Award
Common Stock, par value $0.01 per share
2025-06-11$14.40/sh+4,167$60,005→ 57,934 total - Disposition to Issuer
Dividend Equivalent Rights
2025-06-12$14.90/sh−359.8$5,361→ 0 total→ Common Stock (359.8 underlying)
Footnotes (2)
- [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. Per the terms of the agreement, the number of RSUs granted was determined using the closing price of the Issuer's common stock on June 5, 2025. The RSUs will vest, subject to continued service, 100% on the earlier of (i) June 11, 2026 or (ii) the date of the Issuer's 2026 annual meeting of stockholders.
- [F2]Dividend equivalent rights accrued with respect to these RSUs when and as dividends were paid on the Issuer's common stock. The dividend equivalent rights were settled in cash on June 12, 2025, in accordance with the terms of the 2021 Equity Incentive Plan, subsequent to the vesting of the underlying RSUs on June 5, 2025. The number of shares of common stock underlying the dividend equivalent rights were determined by dividing the dollar amount of the accrued dividend equivalent rights by $14.90, which was the closing price of the Issuer's common stock on June 12, 2025.
Documents
Issuer
NewLake Capital Partners, Inc.
CIK 0001854964
Entity typeother
Related Parties
1- filerCIK 0001442627
Filing Metadata
- Form type
- 4
- Filed
- Jun 12, 8:00 PM ET
- Accepted
- Jun 13, 3:31 PM ET
- Size
- 9.8 KB