BGC Group, Inc. — Director's Dealing 2019

Jan 3, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BGC Partners, Inc. (BGCP)
CIK: 0001094831
Period of Report: 2018-12-31

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-12-31	Class A Common Stock, par value $0.01 per share	A	113032	—	Acquired	139612	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	23581	Indirect
Class A Common Stock, par value $0.01 per share	2250	Indirect

Footnotes

F1: On December 31, 2018, BGC Partners, Inc. (the "Company") granted to the reporting person 113,032 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 113,032 non-exchangeable limited partnership interests of BGC Holdings, L.P. The grant was partial compensation for services provided by the reporting person to the Company during 2018. 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 December 31, 2018.