WEIS ALBERT M 4
4 · BGC Partners, Inc. · Filed Nov 10, 2011
Insider Transaction Report
Form 4
WEIS ALBERT M
Director
Transactions
- Purchase
Class A Common Stock, par value $0.01 per share
2011-11-09$6.62/sh+4,588$30,373→ 198,262 total
Holdings
- 2,000(indirect: See footnote)
Class A Common Stock, par value $0.01 per share
Footnotes (2)
- [F1]Includes 5,855 restricted stock units ("RSUs"), 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 on such dates. As previously reported, these RSUs were granted to the reporting person on December 13, 2010 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.
- [F2]The 2,000 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 and (2) 1,000 shares held in trust for the benefit of the reporting person's children.