4//SEC Filing
SANDNER JOHN F 4
Accession 0001179110-18-009432
CIK 0001592386other
Filed
Jul 2, 8:00 PM ET
Accepted
Jul 3, 8:31 PM ET
Size
11.5 KB
Accession
0001179110-18-009432
Insider Transaction Report
Form 4
SANDNER JOHN F
Director
Transactions
- Exercise/Conversion
Class A common stock
2018-07-01+6,965→ 20,563 total - Award
Restricted Stock Unit
2018-07-01+4,998→ 4,998 total→ Class A common stock (4,998 underlying) - Exercise/Conversion
Restricted Stock Unit
2018-07-01−6,965→ 0 total→ Class A common stock (6,965 underlying)
Holdings
- 7,661(indirect: See footnote)
Non-voting common interest units of Virtu Financial LLC
→ Class A common stock (7,661 underlying)
Footnotes (6)
- [F1]Shares of Class A common stock issued in settlement of vested restricted stock units ("RSUs") granted under the Issuer's Amended and Restated 2015 Management Incentive Plan.
- [F2]Each RSU is granted under the Issuer's Amended and Restated 2015 Management Incentive Plan and represents a contingent right to receive one share of Class A common stock of the Issuer.
- [F3]The RSUs vested on July 1, 2018.
- [F4]The RSUs vest on July 1, 2019.
- [F5]Pursuant to the terms of the Exchange Agreement, effective as of April 15, 2015, by and among the Issuer, Virtu Financial LLC and the equityholders of Virtu Financial LLC (the "Exchange Agreement"), Virtu Financial Units, together with a corresponding number of shares of Class C Common Stock, may be exchanged for shares of Class A common stock of the Issuer, which have one vote per share and economic rights (including rights to dividends and distributions upon liquidation), on a one-for-one basis at the discretion of the holder. The exchange rights under the Exchange Agreement do not expire.
- [F6]By Virtu Employee Holdco LLC, a holding vehicle through which employees and directors of the Issuer hold vested and unvested Virtu Financial Units and shares of Class C Common Stock. The reporting person disclaims beneficial ownership in such Virtu Financial Units and shares held by Virtu Employee Holdco LLC except to the extent of his pecuniary interest therein.
Documents
Issuer
Virtu Financial, Inc.
CIK 0001592386
Entity typeother
Related Parties
1- filerCIK 0001212848
Filing Metadata
- Form type
- 4
- Filed
- Jul 2, 8:00 PM ET
- Accepted
- Jul 3, 8:31 PM ET
- Size
- 11.5 KB