Curwood Stephen T 4
4 · BGC Partners, Inc. · Filed Dec 14, 2010
Insider Transaction Report
Form 4
Curwood Stephen T
Director
Transactions
- Award
Class A Common Stock, par value $0.01 per share
2010-12-13$8.54/sh+5,855$50,002→ 21,837 total
Footnotes (2)
- [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 15,982 RSUs granted on December 14, 2009, 7,991 of which will vest on December 14, 2010 and 7,991 of which will vest on December 14, 2011.