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4//SEC Filing

WEIS ALBERT M 4

Accession 0001094831-10-000056

CIK 0001094831other

Filed

Dec 13, 7:00 PM ET

Accepted

Dec 14, 4:07 PM ET

Size

8.2 KB

Accession

0001094831-10-000056

Insider Transaction Report

Form 4
Period: 2010-12-13
Transactions
  • Award

    Class A Common Stock, par value $0.01 per share

    2010-12-13$8.54/sh+5,855$50,002188,262 total
Holdings
  • Class A Common Stock, par value $0.01 per share

    (indirect: See footnote)
    1,000
  • Class A Common Stock, par value $0.01 per share

    (indirect: See footnote)
    3,000
  • Class A Common Stock, par value $0.01 per share

    (indirect: See footnote)
    1,000
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.

Issuer

BGC Partners, Inc.

CIK 0001094831

Entity typeother

Related Parties

1
  • filerCIK 0001268208

Filing Metadata

Form type
4
Filed
Dec 13, 7:00 PM ET
Accepted
Dec 14, 4:07 PM ET
Size
8.2 KB