AI assistant
BGC Group, Inc. — Director's Dealing 2016
Mar 9, 2016
31094_dirs_2016-03-09_65cd3617-c54f-4107-b342-48ac8f246bc8.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: BGC Partners, Inc. (BGCP)
CIK: 0001094831
Period of Report: 2016-03-08
Reporting Person: Curwood Stephen T (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-03-08 | Class A Common Stock, par value $0.01 per share | D | 4000 | $8.89 | Disposed | 16016 | Direct |
Footnotes
F1: These shares were sold to BGC Partners, Inc. (the "Company") in an exempt transaction pursuant to Rule 16b-3 of the Securities Exchange Act of 1934, as amended. The sale price per share was the closing price of the Company's Class A Common Stock on the date of sale, March 8, 2016.
F2: Includes 9,047 shares of Class A Common Stock represented by 9,047 restricted stock units ("RSUs") granted under the Company's Long Term Incentive Plan, as amended. Each RSU represents a contingent right to receive one share of Class A Common Stock. Of the 9,047 RSUs, (i) 3,571 RSUs were granted on June 3, 2014, all of which will vest on June 3, 2016; and (ii) 5,476 RSUs were granted on June 2, 2015, of which 2,738 RSUs will vest on June 2, 2016 and 2,738 RSUs will vest on June 2, 2017, all provided that that the reporting person continues to serve as a member of the Company's Board of Directors on such dates.