Statement of Beneficial Ownership (sc 13d)
January 31 2023 - 07:14AM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
(Amendment No. 8)
Under the Securities Exchange Act of 1934
NEWTEKONE, INC.
(Name of Issuer)
Common Stock, par value $0.02 per share
(Title of Class of Securities)
652526203
(CUSIP Number)
Barry Sloane
NewtekOne, Inc.
4800 T-Rex Avenue, Suite 120
Boca Raton, FL 33431
(212) 356-9500
With a copy to:
Michael A. Schwartz, Esq.
NewtekOne, Inc.
1981 Marcus Avenue, Suite 130
Lake Success, NY 11042
(212) 356-9500
(Name, Address and Telephone Number of Person
Authorized
to Receive Notices and Communications)
December 31, 2022
(Date of Event Which Requires Filing of This
Statement)
If the filing person has previously filed a statement on Schedule
13G to report the acquisition that is the subject of this Schedule
13D, and is filing this schedule because of §§ 240.13d-1(e),
240.13d-1(f) or 240.13d-1(g), check the following box:
[ ]
*The remainder of this cover page shall be filled out for a
reporting person’s initial filing on this form with respect to the
subject class of securities, and for any subsequent amendment
containing information which would alter disclosures provided in a
prior cover page.
The information required on the remainder of this cover page shall
not be deemed to be “filed” for the purpose of Section 18 of the
Securities Exchange Act of 1934 (“Act”) or otherwise subject to the
liabilities of that section of the Act but shall be subject to all
other provisions of the Act (however,
see
the Notes).
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1 |
NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES
ONLY)
Barry Sloane
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2 |
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) ☐
(b) ☐ |
3 |
SEC USE ONLY |
4 |
SOURCE OF FUNDS*
PF
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5 |
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) or 2(e) |
☐ |
6 |
CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America
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NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH |
7 |
SOLE VOTING POWER
1,098,048
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8 |
SHARED VOTING POWER
176,221
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9 |
SOLE DISPOSITIVE POWER
1,098,048
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10 |
SHARED DISPOSITIVE POWER
176,221
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11 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
1,274,269
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12 |
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES* |
☐ |
13 |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
5.2%
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14 |
TYPE OF REPORTING PERSON*
IN
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Item 1.
Security and Issuer
This Schedule 13D (the “Schedule 13D”) amends and supplements
Amendment No. 7 to Schedule 13D filed on January 10, 2022 (“Am. No.
7 Schedule 13D”) relating to the shares of common stock, par value
$0.02 per share (the “Shares”), of NewtekOne, Inc. (the “Issuer”).
The address of the principal executive offices of the Issuer is
4800 T-Rex Avenue, Suite 120, Boca Raton, FL 33431. Except as
expressly set forth herein, there have been no changes in the
information set forth in Am. No. 7 Schedule 13D.
The Reporting Person is filing this Amendment No. 8 to the Schedule
13D to report: acquisitions of Shares by Barry Sloane in the open
market and under the Issuer's 2015 Stock Incentive Plan; the
Disposition of Shares by Barry Sloane to Issuer under the Issuer's
2015 Stock Incentive Plan to satisfy tax withholding obligations
relating to vesting of restricted Shares; and the receipt by Barry
Sloane of Shares pursuant to regular quarterly dividends declared
by the Issuer.
Item 5.Interest
in Securities of the Issuer
Item 5 is hereby amended and restated in its entirety as
follows:
As of the date of this filing on Schedule 13D: Mr. Sloane holds and
has sole voting and dispositive power over 1,098,048 Shares and has
shared voting and dispositive power over 176,221 Shares owned by
The B Sloane Family Foundation, a 501(c)(3) private foundation.
Based on information contained in the Issuer’s Form 10-Q filed with
the Securities and Exchange Commission on November 8, 2022, the
Issuer had 24,424,756 issued and outstanding Shares. Based on this
amount, Mr. Sloane has total voting and dispositive power over 5.2%
of the total issued and outstanding Shares of the
Issuer.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and
belief, I certify that the information set forth in this statement
is true, complete and correct.
Dated: January 31, 2023
By:
/s/ Barry Sloane
Name: Barry Sloane
NewtekOne (NASDAQ:NEWT)
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