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BGC Group, Inc. — Director's Dealing 2014
Jun 3, 2014
31094_dirs_2014-06-03_d2742917-48e7-4cb8-878e-a679fc0c0c9b.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: BGC Partners, Inc. (BGCP)
CIK: 0001094831
Period of Report: 2014-06-03
Reporting Person: WEIS ALBERT M (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2014-06-03 | Class A Common Stock, par value $0.01 per share | A | 7143 | — | Acquired | 293275 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Class A Common Stock, par value $0.01 per share | 2000 | Indirect |
Footnotes
F1: The 7,143 shares of Class A Common Stock are represented by 7,143 restricted stock units ("RSUs") granted under the BGC Partners, Inc. Fifth Amended and Restated Long Term Incentive Plan. Each RSU represents a contingent right to receive one share of Class A Common Stock. Of the 7,143 RSUs, 3,572 RSUs will vest on June 3, 2015 and 3,571 RSUs will vest on June 3, 2016, provided that the reporting person continues to serve as a member of the Board of Directors on such dates.
F2: Includes (i) 7,599 RSUs granted December 17, 2012, which will vest on December 17, 2014; and (ii) 15,198 RSUs granted on June 4, 2013, of which 7,599 RSUs will vest on June 4, 2014 and 7,599 RSUs will vest on June 4, 2015, provided that the reporting person continues to serve as a member of the Board of Directors on such dates.
F3: The 2,000 shares of Class A Common Stock held indirectly by the reporting person consist of (1) 1,000 shares held by the reporting person's spouse and (2) 1,000 shares held in trust for the benefit of the reporting person's children.