4//SEC Filing
KCG Holdings, Inc. 4
Accession 0000950142-16-004866
CIK 0001569391operating
Filed
Nov 29, 7:00 PM ET
Accepted
Nov 30, 5:29 PM ET
Size
15.8 KB
Accession
0000950142-16-004866
Insider Transaction Report
Form 4
KERN RENE M
Director
Transactions
- Sale
Class A Common Stock, par value $0.01 per share
2016-11-28−18,709,027→ 0 total(indirect: See Footnote) - Sale
Class A Warrants
2016-11-28−2,338,997→ 359,231 total(indirect: See Footnote)Exercise: $12.00From: 2013-07-01Exp: 2017-07-01→ Class A Common Stock (2,338,997 underlying) - Sale
Class C Warrants
2016-11-28−2,338,985→ 359,242 total(indirect: See Footnote)Exercise: $15.00From: 2013-07-01Exp: 2019-07-01→ Class A Common Stock (2,338,985 underlying) - Sale
Class B Warrants
2016-11-28−2,338,997→ 359,231 total(indirect: See Footnote)Exercise: $13.50From: 2013-07-01Exp: 2018-07-01→ Class A Common Stock (2,338,997 underlying)
Holdings
- 14,178
Class A Common Stock, par value $0.01 per share
Footnotes (4)
- [F1]All shares owned by GA-GTCO Interholdco, LLC ("GA-GTCO Interholdco"), a Delaware limited liability company. On November 28, 2016, pursuant to a purchase agreement (the "Purchase Agreement") between KCG Holdings, Inc. (the "Issuer") and GA-GTCO Interholdco, dated as of November 17, 2016, GA-GTCO Interholdco disposed of (i) 18,709,027 of the Issuer's Class A Common Stock, par value $0.01 per share (the "Class A Common Stock") in exchange for 8,202,124 shares of common stock, par value $0.01 per share of Bats Global Markets, Inc. ("Bats Common Stock") and (ii) 7,016,979 warrants to purchase Class A Common Stock ("Warrants") in exchange for 613,412 shares of Bats Common Stock.
- [F2]The members of GA-GTCO Interholdco are General Atlantic Partners 83, L.P., a Delaware limited partnership ("GAP 83"), General Atlantic Partners 93, L.P., a Delaware limited partnership ("GAP 93"), GA-GTCO US AIV, L.P., a Delaware limited partnership ("GA US AIV"), GA-GTCO AIV, L.P., a Delaware limited partnership ("GA AIV"), GAP-W, LLC, a Delaware limited liability company ("GAP-W"), GAP Coinvestments III, LLC, a Delaware limited liability company ("GAPCO III"), GAP Coinvestments IV, LLC, a Delaware limited liability company ("GAPCO IV"), GAP Coinvestments CDA, L.P., a Delaware limited partnership ("GAPCO CDA"), and GapStar, LLC, a Delaware limited liability company ("GapStar"). The general partner of GAP 83, GAP 93, GA US AIV and GA AIV is General Atlantic GenPar, L.P. ("GenPar"); (cont'd in footnote 3)
- [F3](cont'd from footnote 2) GenPar is also the manager of GAP-W. The general partner of GenPar is General Atlantic LLC ("GA LLC"). GA LLC is the managing member of GAPCO III and GAPCO IV and the general partner of GAPCO CDA. While GA LLC and GenPar may be deemed to beneficially own all of the Warrants reported herein, each disclaims such beneficial ownership except to the extent of their respective pecuniary interest therein. Certain managing directors of GA LLC are the members of GapStar. The managing directors of GA LLC may be deemed to share voting and dispositive power with respect to shares and interests described herein, and voting and disposition decisions are made by a portfolio committee of GA LLC comprised of certain of the managing directors and officers of GA LLC. (cont'd in footnote 4)
- [F4](cont'd from footnote 3) All individuals, including Mr. Kern, disclaim beneficial ownership of the Warrants owned by GA-GTCO Interholdco except to the extent of their respective pecuniary interest therein. Mr. Kern is a managing director of GA LLC.
Documents
Issuer
KCG Holdings, Inc.
CIK 0001569391
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001569391
Filing Metadata
- Form type
- 4
- Filed
- Nov 29, 7:00 PM ET
- Accepted
- Nov 30, 5:29 PM ET
- Size
- 15.8 KB