0001437749-24-008104.txt : 20240315
0001437749-24-008104.hdr.sgml : 20240315
20240315161709
ACCESSION NUMBER: 0001437749-24-008104
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240315
FILED AS OF DATE: 20240315
DATE AS OF CHANGE: 20240315
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Rispoli Michael J.
CENTRAL INDEX KEY: 0001446936
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-38329
FILM NUMBER: 24755004
MAIL ADDRESS:
STREET 1: C/O NNN 2003 VALUE FUND, LLC
STREET 2: 1551 N. TUSTIN AVENUE, SUITE 200
CITY: SANTA ANA
STATE: CA
ZIP: 92705
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: NEWMARK GROUP, INC.
CENTRAL INDEX KEY: 0001690680
STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE AGENTS & MANAGERS (FOR OTHERS) [6531]
ORGANIZATION NAME: 05 Real Estate & Construction
IRS NUMBER: 814467492
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 125 PARK AVENUE
CITY: NEW YORK
STATE: NY
ZIP: 10017
BUSINESS PHONE: 2128294775
MAIL ADDRESS:
STREET 1: 125 PARK AVENUE
CITY: NEW YORK
STATE: NY
ZIP: 10017
FORMER COMPANY:
FORMER CONFORMED NAME: NRE DELAWARE, INC.
DATE OF NAME CHANGE: 20161122
4
1
rdgdoc.xml
FORM 4
X0508
4
2024-03-15
0001690680
NEWMARK GROUP, INC.
NMRK
0001446936
Rispoli Michael J.
C/O NEWMARK GROUP, INC.
125 PARK AVENUE
NEW YORK
NY
10017
1
Chief Financial Officer
0
Class A Common Stock, par value $0.01 per share
2024-03-15
4
F
0
9980
10.57
D
758650
D
On September 29, 2022, in connection with the execution of an employment agreement (the "2022 Employment Agreement"), the reporting person received a grant of restricted stock units ("RSUs") which each represent a contingent right to receive one share of Class A Common Stock, par value $0.01 per share ("Class A Common Stock") of Newmark Group, Inc. (the "Company" ) granted under the Company's Long Term Incentive Plan. The grant, which was previously reported, was approved by the Compensation Committee of the Board of Directors of the Company and is exempt pursuant to Rule 16b-3 under the Exchange Act, as amended (the "Exchange Act").
(This footnote is a continuation of the prior footnote.) On March 15, 2024, pursuant to the vesting schedule of the RSUs granted under the 2022 Employment Agreement, 21,438 RSUs became vested and issuable as Class A Common Stock to the reporting person. The reported transaction involved the surrender to the Company of 9,980 shares of Class A Common Stock withheld for taxes. The remaining 11,458 shares of Class A Common Stock were issued to the reporting person.
Consists of 471,420 shares of Class A Common Stock of the Company represented by RSUs granted in connection with the 2022 Employment Agreement, divided into tranches of 100,000 RSUs each that vest on a seven-year schedule.
Also consists of 242,852 shares of Class A Common Stock of the Company represented by RSUs granted in connection with the 2022 Employment Agreement, divided in tranches of 50,000 RSUs each that vest on a seven-year schedule.
Also consists of 44,378 shares of Class A Common Stock of the Company held directly.
/s/ Michael J. Rispoli
2024-03-15