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Virtu Financial, Inc. — Director's Dealing 2023
Sep 13, 2023
30684_dirs_2023-09-13_eb9a0a4d-e39f-44e1-bcf4-c0595ff5c3a7.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Virtu Financial, Inc. (VIRT)
CIK: 0001592386
Period of Report: 2023-09-13
Reporting Person: Molluso Joseph (Co-President & Co-COO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-09-13 | Class A common stock | P | 15000 | $17.1654 | Acquired | 358160 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Deferred Stock Unit | $ | Class A common stock (47569.0) | 47569 | Direct | |
| Restricted Stock Unit | $ | Class A common stock (60067.0) | 60067 | Direct |
Footnotes
F1: The price reported in Column 4 is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $17.1350 to $17.2300, inclusive. The reporting person undertakes to provide to the staff of the Securities and Exchange Commission, to any security holder of Virtu Financial, Inc., or to Virtu Financial, Inc., upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
F2: Deferred Stock Units ("DSU") credited to the reporting person under the Virtu Financial, Inc. Deferred Compensation Plan, effective November 13, 2020, for Restricted Stock Units ("RSUs") granted under the Issuer's Amended and Restated 2015 Management Incentive Plan. Each DSU is economically equivalent to one share of Class A common stock.
F3: The DSUs credited under the Deferred Compensation Plan are generally payable in the form elected or provided under the Deferred Compensation Plan on the earlier of: (i) a separation from service, (ii) a specified date, or (iii) a change in control.
F4: Each RSU is granted under the Issuer's Amended and Restated 2015 Management Incentive Plan and represents a contingent right to receive one share of Class A common stock of the Issuer.
F5: The RSUs vest in three equal annual installments on February 3, 2024, February 1, 2025, and February 1, 2026.