BGC Group, Inc. — Director's Dealing 2021

Apr 26, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BGC Partners, Inc. (BGCP)
CIK: 0001094831
Period of Report: 2020-04-23

Reporting Person: Windeatt Sean A (Chief Operating Officer)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-04-23	BGC Holdings Exchangeable Limited Partnership Interests	$	D	123713	Disposed		Class A common stock, par value $0.01 per share (123713)	Direct

Footnotes

F1: On February 22, 2021, BGC Partners, Inc. (the "Company") granted the reporting person 123,713 exchange rights with respect to 123,713 non-exchangeable limited partnership interests of BGC Holdings, L.P. ("BGC Holdings") that were previously granted to the reporting person. The resulting 123,713 exchangeable limited partnership interests of BGC Holdings were immediately exchangeable by the reporting person for an aggregate of 123,713 shares of Class A common stock, par value $0.01 per share, of the Company ("Class A common stock"). The grant was approved by the Compensation Committee of the Board of Directors of the Company (the "Compensation Committee") and was exempt pursuant to Rule 16b-3 under the Securities Exchange Act of 1934, as amended (the "Exchange Act").

F2: On April 23, 2021, the Company repurchased all of such 123,713 exchangeable limited partnership interests held by Mr. Windeatt at a price of $5.65, the closing price of shares of Class A common stock on April 23, 2021. The transaction was approved by the Compensation Committee and is exempt pursuant to Rule 16b-3 under the Exchange Act.