Barry Sloane - Dec 29, 2022 Form 4 Insider Report for Newtek Business Services Corp. (NEWTZ)

Role: Chairman & CEO, Director
Signature: Barry Sloane
Stock symbol: NEWTZ
Transactions as of: Dec 29, 2022
Transactions value $: $0
Form type: 4
Date filed: 12/29/2022, 11:08 AM
Previous filing: Aug 5, 2022
Next filing: Jan 30, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NEWTZ	Common Stock	Award	$0	+61.7K	+5.96%	$0.00	1.1M	Dec 29, 2022	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	On December 29, 2022, under the Shareholder and Board approved Newtek Business Services Corp. 2015 Stock Incentive Plan, the reporting person was granted 61,652 restricted shares of the Issuer's common stock as a restricted stock award with 100% of the shares vesting after 36 months. Dividends in the form of common stock will be paid during the restricted period, and such common stock will also vest pursuant to the vesting schedule.

Content

On December 29, 2022, under the Shareholder and Board approved Newtek Business Services Corp. 2015 Stock Incentive Plan, the reporting person was granted 61,652 restricted shares of the Issuer's common stock as a restricted stock award with 100% of the shares vesting after 36 months. Dividends in the form of common stock will be paid during the restricted period, and such common stock will also vest pursuant to the vesting schedule.