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4//SEC Filing

KCG Holdings, Inc. 4

Accession 0000950142-17-000062

CIK 0001569391operating

Filed

Jan 4, 7:00 PM ET

Accepted

Jan 5, 5:05 PM ET

Size

12.7 KB

Accession

0000950142-17-000062

Insider Transaction Report

Form 4
Period: 2017-01-03
KERN RENE M
Director
Transactions
  • Sale

    Class B Warrants

    2017-01-03359,2310 total(indirect: See Footnote)
    Exercise: $13.50From: 2013-07-01Exp: 2018-07-01Class A Common Stock (359,231 underlying)
  • Sale

    Class A Warrants

    2017-01-03359,2310 total(indirect: See Footnote)
    Exercise: $12.00From: 2013-07-01Exp: 2017-07-01Class A Common Stock (359,231 underlying)
  • Sale

    Class C Warrants

    2017-01-03359,2420 total(indirect: See Footnote)
    Exercise: $15.00From: 2013-07-01Exp: 2019-07-01Class A Common Stock (359,242 underlying)
Footnotes (3)
  • [F1]On January 3, 2017, pursuant to a purchase agreement (the "Purchase Agreement") between KCG Holdings, Inc. (the "Issuer") and GA-GTCO Interholdco, LLC ("GA-GTCO Interholdco"), a Delaware limited liability company, dated as of November 17, 2016, GA-GTCO Interholdco disposed of an aggregate of 1,077,704 warrants to purchase the Issuer's Class A Common Stock, par value $0.01 per share ("Warrants") in exchange for 47,716 shares of common stock, par value $0.01 per share of Bats Global Markets, Inc.
  • [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. Mr. Kern is a managing director of GA LLC.

Issuer

KCG Holdings, Inc.

CIK 0001569391

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0001569391

Filing Metadata

Form type
4
Filed
Jan 4, 7:00 PM ET
Accepted
Jan 5, 5:05 PM ET
Size
12.7 KB