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BGC Group, Inc. — Director's Dealing 2016
Feb 26, 2016
31094_dirs_2016-02-26_ce77b096-aeeb-4a79-a505-706dcb37ed5f.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: 2015-12-23
Reporting Person: MERKEL STEPHEN M (EVP, General Counsel and Sec'y)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2015-12-23 | Class A Common Stock, par value $0.01 per share | G | 650 | — | Disposed | 181502 | Direct |
| 2016-02-24 | Class A Common Stock, par value $0.01 per share | D | 120000 | $8.40 | Disposed | 61502 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Class A Common Stock, par value $0.01 per share | 16259 | Indirect |
| Class A Common Stock, par value $0.01 per share | 2250 | Indirect |
Footnotes
F1: Represents a gift of 650 shares of Class A common stock, par value $0.01 per share (the "Class A Common Stock") of BGC Partners, Inc. (the "Company") by the reporting person to two charitable organizations.
F2: Represents shares of Class A Common Stock which were 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. 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 under the Company's 401(k) plan based on a plan statement dated as of January 31, 2016.