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BGC Group, Inc. — Director's Dealing 2016
Sep 30, 2016
31094_dirs_2016-09-30_3ce56fa9-37d1-40f3-b0f0-527872c13e23.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: 2016-09-30
Reporting Person: MERKEL STEPHEN M (EVP, General Counsel and Sec'y)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-09-30 | Class A Common Stock, par value $0.01 per share | D | 16634 | $8.75 | Disposed | 39436 | Direct |
| 2016-09-30 | Class A Common Stock, par value $0.01 per share | D | 4131 | $8.75 | Disposed | 0 | Indirect |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Class A Common Stock, par value $0.01 per share | 17301 | Indirect |
| Class A Common Stock, par value $0.01 per share | 2250 | Indirect |
Footnotes
F1: Represents shares of BGC Partners, Inc. (the "Company") Class A common stock, par value $0.01 per share ( "Class A Common Stock"), sold by the reporting person to the Company in a transaction exempt pursuant to Rule 16b-3 under the Securities Exchange Act of 1934, as amended (the "Exchange Act"). This transaction was included in the Company's stock repurchase authorization and was approved by the Audit Committee of the Board of Directors.
F2: Represent shares of Class A Common Stock sold by trusts for the benefit of the reporting person's immediately 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, in a transaction exempt pursuant to Rule 16b-3 of the Exchange Act. This transaction was included in the Company's stock repurchase authorization and was approved by the Audit Committee of the Board of Directors.
F3: Represents shares of Class A Common Stock held in the reporting person's 401(k) account as of August 31, 2016.