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BGC Group, Inc. Director's Dealing 2016

Feb 25, 2016

31094_dirs_2016-02-25_94071c87-8525-43f6-b3df-46d126827db6.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: 2016-02-23

Reporting Person: CANTOR FITZGERALD, L. P. (Director, 10% Owner)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2016-02-23 Class A Common Stock, par value $0.01 per share D 5000000 $8.72 Disposed 17493516 Direct
2016-02-23 Class A Common Stock, par value $0.01 per share G 970639 Disposed 16521272 Direct

Footnotes

F1: On February 23, 2016, Cantor Fitzgerald, L.P. ("CFLP") sold 5,000,000 shares of Class A common stock, par value $0.01 per share (the "Class A Common Stock") of BGC Partners, Inc. (the "Company") to the Company in a transaction exempt pursuant to Rule 16b-3 under the Securities Exchange Act of 1934, as amended, at a price equal to the closing price per share of the Class A Common Stock on the date of such sale. This transaction was included in the Company's stock repurchase authorization and was approved by the Audit Committee of the Board of Directors.

F2: Represents a gift of 970,639 shares of Class A Common Stock by CFLP to a charitable organization. These shares were repurchased on the same date by the Company as part of the Company's stock repurchase authorization.