Curwood Stephen T 4
4 · BGC Partners, Inc. · Filed Mar 26, 2012
Insider Transaction Report
Form 4
Curwood Stephen T
Director
Transactions
- Sale
Class A Common Stock, par value $0.01 per share
2012-03-22−10,919→ 11,459 total
Footnotes (1)
- [F1]The 11,459 shares of Class A Common Stock are represented by 11,459 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. The 11,459 RSUs consist of (i) 2,927 RSUs granted on December 13, 2010 that will vest on December 13, 2012, and (ii) 8,532 RSUs granted on December 14, 2011, of which 4,266 RSUs will vest on December 14, 2012 and 4,266 RSUs will vest on December 14, 2013. Such RSUs will vest as described above provided that the reporting person is a member of the Board of Directors at the opening of business on such dates.