BGC Group, Inc. — Director's Dealing 2012

Mar 15, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BGC Partners, Inc. (BGCP)
CIK: 0001094831
Period of Report: 2012-03-13

Reporting Person: MERKEL STEPHEN M (EVP, Gen Counsel & Secretary)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-03-13	Class A Common Stock, par value $0.01 per share	D	35205	—	Disposed	39464	Direct
2012-03-13	Class A Common Stock, par value $0.01 per share	D	6318	—	Disposed	0	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock, par value $0.01 per share	9351	Indirect
Class A Common Stock, par value $0.01 per share	2250	Indirect

Footnotes

F1: Represents shares of BGC Partners, Inc. ("BGC Partners") Class A Common Stock, par value $0.01 per share (the "Class A Common Stock"), sold by the reporting person to BGC Partners at a price of $7.664 per share, which was the closing price on the date of sale less 2%.

F2: Represents shares of Class A Common Stock sold by certain trusts f/b/o the reporting person's immediate family, of which the reporting person's spouse is the sole trustee of each trust and the reporting person has the power to remove and replace such trustee, to BGC Partners at a price of $7.664 per share, which was the closing price on the date of sale less 2%.

F3: Represents shares of Class A Common Stock held under the BGC Partners 401(k) plan based on a plan statement dated as of January 31, 2012.