WEIS ALBERT M 4
4 · BGC Partners, Inc. · Filed Dec 14, 2010
Insider Transaction Report
Form 4
WEIS ALBERT M
Director
Transactions
- Award
Class A Common Stock, par value $0.01 per share
2010-12-13$8.54/sh+5,855$50,002→ 188,262 total
Holdings
- 1,000(indirect: See footnote)
Class A Common Stock, par value $0.01 per share
- 3,000(indirect: See footnote)
Class A Common Stock, par value $0.01 per share
- 1,000(indirect: See footnote)
Class A Common Stock, par value $0.01 per share
Footnotes (3)
- [F1]The 5,855 shares of Class A Common Stock are represented by 5,855 restricted stock units ("RSUs") granted under the BGC Partners, Inc. Second Amended and Restated Long Term Incentive Plan. Each RSU represents a contingent right to receive one share of Class A Common Stock. 2,928 of RSUs will vest on December 13, 2011 and 2,927 of RSUs will vest on December 13, 2012, provided the reporting person continues to serve as a member of the Board of Directors.
- [F2]Includes 7,991 RSUs granted on December 14, 2009, which will vest on December 14, 2010.
- [F3]The 5,000 shares of the Company's Class A Common Stock held indirectly by the reporting person consist of: (1) 1,000 shares held by the reporting person's spouse, (2) 3,000 shares held in trust for the benefit of the reporting person's children and (3) 1,000 shares held by the reporting person's children.