4//SEC Filing
Alexopoulos Heather Tookes 4
Accession 0001104659-17-046079
CIK 0001569391other
Filed
Jul 19, 8:00 PM ET
Accepted
Jul 20, 6:22 PM ET
Size
6.2 KB
Accession
0001104659-17-046079
Insider Transaction Report
Form 4
Alexopoulos Heather Tookes
Director
Transactions
- Disposition to Issuer
Restricted Stock Units
2017-07-20$20.00/sh−9,893$197,860→ 0 total
Footnotes (2)
- [F1]Pursuant to the Agreement and Plan of Merger, dated as of April 20, 2017, by and among Virtu Financial, Inc., a Delaware corporation ("Virtu"), Orchestra Merger Sub, Inc., a Delaware corporation ("Merger Sub") and a wholly owned subsidiary of Virtu, and Virtu KCG Holdings LLC, a Delaware limited liability company (formerly known as KCG Holdings, Inc., a Delaware corporation) (the "Company"), at the effective time of the merger (the "Effective Time") of Merger Sub with and into the Company, with the Company as the surviving entity and a wholly owned subsidiary of Virtu, each outstanding restricted stock unit ("RSU") granted by the Company was cancelled and converted automatically into the right to receive an amount in cash equal to the product of (i) the number of shares of Class A Common Stock subject to such RSU immediately prior to the Effective Time and (ii) the merger consideration of $20.00 in cash per share, without interest.
- [F2]Accordingly, (i) 5,870 RSUs granted to the reporting person on January 19, 2017 under the Company's stock plan, which would have vested into Class A Common Stock on Janaury 19, 2018 or upon the reporting person's earlier retirement, and (ii) 4,023 RSUs granted to the reporting person on May 11, 2017, which would have vested into Class A Common Stock on May 11, 2018 or upon the reporting person's earlier retirement, were cancelled in connection with the Merger in exchange for a cash payment pursuant to the Merger Agreement.
Documents
Issuer
Virtu KCG Holdings LLC
CIK 0001569391
Entity typeother
Related Parties
1- filerCIK 0001694967
Filing Metadata
- Form type
- 4
- Filed
- Jul 19, 8:00 PM ET
- Accepted
- Jul 20, 6:22 PM ET
- Size
- 6.2 KB