Virtu Financial, Inc. — Director's Dealing 2021

Apr 2, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Virtu Financial, Inc. (VIRT)
CIK: 0001592386
Period of Report: 2020-08-10

Reporting Person: Virtu Employee Holdco LLC (Director, 10% Owner, See Remarks)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-08-10	Class C common stock	D	60000	—	Disposed	5283382	Direct
2020-11-13	Class C common stock	D	240000	—	Disposed	5043382	Direct
2021-02-16	Class C common stock	D	36581	—	Disposed	5006801	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-08-10	Non-voting common interest units of Virtu Financial LLC	$	D	60000	Disposed		Class A common stock (60000)	Direct
2020-11-13	Non-voting common interest units of Virtu Financial LLC	$	D	240000	Disposed		Class A common stock (240000)	Direct
2021-02-16	Non-voting common interest units of Virtu Financial LLC	$	D	36581	Disposed		Class A common stock (36581)	Direct

Footnotes

F1: Virtu Financial Units and corresponding shares of Class C Common Stock were distributed to electing employees and then exchanged for the same number of shares of Class A Common Stock in accordance with the terms of the Exchange Agreement (as defined in Footnote 2).

F2: Pursuant to the terms of the Exchange Agreement, effective as of April 15, 2015, by and among the Issuer, Virtu Financial LLC and the equityholders of Virtu Financial LLC (the "Exchange Agreement"), Virtu Financial Units, together with a corresponding number of shares of Class C Common Stock, may be exchanged for shares of Class A Common Stock, which have one vote per share and economic rights (including rights to dividends and distributions upon liquidation), on a one-for-one basis at the discretion of the holder. The exchange rights under the Exchange Agreement do not expire.