BGC Group, Inc. — Director's Dealing 2023

Jun 12, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BGC Partners, Inc. (BGCP)
CIK: 0001094831
Period of Report: 2023-06-08

Reporting Person: Windeatt Sean A (Chief Operating Officer)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-06-08	BGC Holdings Exchangeable Limited Partnership Interests	$	D	128279	Disposed		Class A common stock, par value $0.01 per share (128279)	Direct

Footnotes

F1: As previously reported, on April 1, 2021, BGC Partners, Inc. (the "Company") granted the reporting person 128,279 non-exchangeable limited partnership interests (the "2021 Grant") of BGC Holding, L.P. ("BGC Holdings"). Pursuant to the exchange rights schedule of the 2021 Grant, on April 1, 2023, the 128,279 non-exchangeable limited partnership interests of BGC Holdings became immediately exchangeable by the reporting person for an aggregate of 128,279 shares of Class A common stock, par value $0.01 per share ("Class A Common Stock"), of the Company. The 2021 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 June 8, 2023, the Company repurchased all of such 128,279 exchangeable limited partnership interests held by the reporting person at a price of $4.79 (the "2023 Repurchase"), the closing price of a share of Class A Common Stock on June 8, 2023. The 2023 Repurchase was approved by the Compensation Committee and was exempt pursuant to Rule 16b-3 under the Exchange Act.