Curwood Stephen T 4
4 · BGC Partners, Inc. · Filed Dec 14, 2011
Insider Transaction Report
Form 4
Curwood Stephen T
Director
Transactions
- Award
Class A Common Stock, par value $0.01 per share
2011-12-14$5.86/sh+8,532$49,998→ 22,378 total
Footnotes (2)
- [F1]The 8,532 shares of Class A Common Stock are represented by 8,532 restricted stock units ("RSUs") granted under the BGC Partners, Inc. Third Amended and Restated Long Term Incentive Plan. Each RSU represents a contingent right to receive one share of Class A Common Stock. 4,266 of RSUs will vest on December 14, 2012 and 4,266 of RSUs will vest on December 14, 2013, provided the reporting person continues to serve as a member of the Board of Directors.
- [F2]Includes 2,927 RSUs granted on December 13, 2010 which will vest on December 13, 2012.