Uhde Philip 4
4 · Interactive Brokers Group, Inc. · Filed Apr 27, 2020
Insider Transaction Report
Form 4
Uhde Philip
DirectorOther
Transactions
- Other
Class A Common Stock, $0.01 par value per share
2020-04-23−2,409,873→ 1,652 total(indirect: See footnote) - Sale
Common Stock
2020-04-23$39.20/sh−1,652$64,758→ 0 total(indirect: See footnote)
Holdings
- 108,844
Common Stock
Footnotes (4)
- [F1]These securities were held for the account of Echinus Partners, LP, a Delaware limited partnership (the "Echinus Fund"). Echinus Advisors, LLC, a Delaware limited liability Company ("Echinus"), serves as the investment manager to the Echinus Fund. Mr. Philip Uhde ("Mr. Uhde") is the manager and majority controlling person of Echinus. Each Reporting Person disclaims beneficial ownership of the securities reported herein except to the extent of his or its pecuniary interest therein, if any.
- [F2]On April 23, 2020, the securities were distributed pro rata to the partners of the Echinus Fund (the "Distribution").
- [F3]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $39.075 to $39.33, inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein.
- [F4]Mr. Uhde received 108,844 shares in the Distribution which he now holds directly.