0001209191-16-090267.txt : 20160107 0001209191-16-090267.hdr.sgml : 20160107 20160107085652 ACCESSION NUMBER: 0001209191-16-090267 CONFORMED SUBMISSION TYPE: 5 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20151231 FILED AS OF DATE: 20160107 DATE AS OF CHANGE: 20160107 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Newtek Business Services Corp. CENTRAL INDEX KEY: 0001587987 IRS NUMBER: 463755188 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 212 W. 35TH STREET 2ND FLOOR CITY: NEW YORK STATE: NY ZIP: 10001 BUSINESS PHONE: 212-356-9500 MAIL ADDRESS: STREET 1: 212 W. 35TH STREET 2ND FLOOR CITY: NEW YORK STATE: NY ZIP: 10001 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: SLOANE BARRY CENTRAL INDEX KEY: 0001124485 FILING VALUES: FORM TYPE: 5 SEC ACT: 1934 Act SEC FILE NUMBER: 814-01035 FILM NUMBER: 161328977 5 1 doc5.xml FORM 5 SUBMISSION X0306 5 2015-12-31 0 0 0 0001587987 Newtek Business Services Corp. NEWT 0001124485 SLOANE BARRY 212 WEST 35TH STREET FLOOR 2 NEW YORK NY 10001 1 1 0 0 Chairman & CEO Common Stock 2014-11-13 5 G 0 60930 0.00 D 963833 D Common Stock 2015-05-12 5 G 0 1000 0.00 D 963833 D Common Stock 2015-12-31 5 J 0 116456 13.48 A 963833 D Common Stock 2015-08-04 5 G 0 25706 0.00 D 963833 D Effective November 13, 2014, Newtek Business Services, Inc. (NBSI) merged with and into Newtek Business Services Corp. (NBSC), a newly formed Maryland corporation, and thereafter NBSC elected to be treated as a business development company under the Investment Company Act of 1940, as amended. Prior to the conversion into NBSC, the reporting person made bona fide gifts of NBSI common stock in the total amount of 60,930 shares to The B Sloane Family Foundation, a 501(c)(3) charitable organization, and those shares were included in the total amount reported on the Form 3 filed on November 14, 2014 in error since such amounts should have been reported as gifts previously. The totals listed in Column 5 of Table I of this Form 5 reflect a 5-for-1 reverse stock split that occurred with respect to NEWT's common stock on October 22, 2014. Reporting person gifted shares to The B Sloane Family Foundation. The reporting person disclaims beneficial ownership of these securities. The shares were received by the Reporting Person pursuant to a dividend declared by Newtek Business Services Corp. on October 1, 2015. As a result of the dividend, all holders of record of Common Stock on November 18, 2015 received on December 31, 2015, $2.69 per share payable, at the election of the stockholder, in either all shares of Common Stock or $0.836 per share in cash and $1.853 in shares of Common Stock. The price per share of Common Stock issued was based on the Common Stock's volume-weighted average price of $13.48 per share on the Nasdaq Global Market on December 11, 14 and 15, 2015. Barry Sloane 2015-01-07