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BGC Group, Inc. — Director's Dealing 2019
Jan 3, 2019
31094_dirs_2019-01-03_73cf8f7e-b1d5-445d-8069-4a5106606fea.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: 2018-12-31
Reporting Person: Windeatt Sean A (Chief Operating Officer)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-12-31 | BGC Holdings Exchangeable Limited Partnership Interests | $ | A | 139265 | Acquired | Class A Common Stock, par value $0.01 per share (139265) | Direct |
Footnotes
F1: On December 31, 2018, BGC Partners, Inc. (the "Company") granted the reporting person 139,265 exchange rights with respect to 139,265 non-exchangeable limited partnership interests of BGC Holdings, L.P. that were previously granted to the reporting person. The resulting 139,265 exchangeable limited partnership interests of BGC Holdings, L.P. are immediately exchangeable by the reporting person for an aggregate of 139,265 shares of Class A Common Stock, par value $0.01 per share, of the Company. This 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.