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BGC Group, Inc. — Director's Dealing 2015
Dec 24, 2015
31094_dirs_2015-12-24_de78ce16-08f5-4485-a2c5-7ffebbc9db76.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: 2015-12-21
Reporting Person: CF GROUP MANAGEMENT INC (Director, 10% Owner)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2015-12-21 | Class A Common Stock, par value $0.01 per share | J | 115443 | — | Acquired | 2715127 | Direct |
| 2015-12-21 | Class A Common Stock, par value $0.01 per share | J | 2503522 | — | Disposed | 23493516 | Indirect |
Footnotes
F1: On December 21, 2015, Cantor Fitzgerald, L.P. ("CFLP") distributed to its partners pro rata an aggregate of 2,503,522 shares of BGC Partners, Inc. Class A Common Stock, par value $0.01 per share ("Class A Common Stock"), which includes the 115,443 shares of Class A Common Stock referred to in the first row of Table 1 that were acquired by CF Group Management, Inc. ("CFGM") in a transaction exempt under Rule 16a-9(a). The shares distributed by CFLP are already outstanding shares of BGC Partners, Inc. and will not impact the fully diluted shares outstanding of BGC Partners, Inc.
F2: CFGM is the Managing General Partner of CFLP, and the reporting person is the Chief Executive Officer and sole stockholder of CFGM. KBCR is a non-managing General Partner of CFLP, and the reporting person is the managing member of KBCR. The reporting person is the managing member of LFA. The reporting person disclaims beneficial ownership of all shares held by CFLP, CFGM, KBCR and LFA in excess of his pecuniary interest, if any, and this report shall not be deemed an admission that he is he beneficial owner of, or has pecuniary interest in, any such excess shares for the purposes of Section 16 of the Exchange Act or for any other purpose.