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BGC Group, Inc. Director's Dealing 2019

Mar 4, 2019

31094_dirs_2019-03-04_40f628f7-9e70-459e-8cfe-ed36caa6b53c.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: 2019-02-28

Reporting Person: MERKEL STEPHEN M (EVP and General Counsel)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2019-02-28 Class A Common Stock, par value $0.01 per share A 93560 Acquired 233172 Direct

Holdings (Non-Derivative)

Security Shares Ownership
Class A Common Stock, par value $0.01 per share 6258 Indirect
Class A Common Stock, par value $0.01 per share 23881 Indirect
Class A Common Stock, par value $0.01 per share 2250 Indirect

Footnotes

F1: On February 28, 2019, BGC Partners, Inc. (the "Company") granted to the reporting person 93,560 shares of its Class A Common Stock, par value $0.01 per share (the "Class A Common Stock"), following the redemption and cancellation of an aggregate of 110,000 non-exchangeable limited partnership interests of BGC Holdings, L.P. The grant was approved by the Compensation Committee of the Board of Directors of the Company and is exempt pursuant to Rule 16b-3 under the Securities Exchange Act of 1934, as amended.

F2: Represents shares of Class A Common Stock held in trusts for the benefit of the reporting person's immediate 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.

F3: Represents shares of Class A Common Stock held in the reporting person's 401(k) account as of February 28, 2019.