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BGC Group, Inc. Director's Dealing 2018

Apr 4, 2018

31094_dirs_2018-04-04_b66d35c0-042b-433f-8488-0612a58d8a36.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: 2018-04-02

Reporting Person: MERKEL STEPHEN M (EVP, General Counsel and Sec'y)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2018-04-02 BGC Holdings, L.P. Exchangeable PSU Limited Partnership Inte $ D 110000 Disposed Class A Common Stock, par value $0.01 per share (110000) Direct

Footnotes

F1: On April 2, 2018, 110,000 exchangeable limited partnership interests of BGC Holdings, L.P., together with a certain number of exchangeable limited partnership interests of Newmark Holdings, L.P., held by the reporting person were exchanged for cash in an exempt transaction with BGC Partners, Inc. (the "Company") pursuant to Rule 16b-3 under the Securities Act of 1934, as amended, at a price per limited partnership interest equal to $12.79, which was the average price received by the Company for a share of the Company's Class A common stock, par value $0.01 per share, sold in the Company's controlled equity offering on April 2, 2018, less 2%.

F2: Not applicable.