4//SEC Filing
DeSanto Angelique 4
Accession 0001179110-18-014165
CIK 0000920424other
Filed
Dec 18, 7:00 PM ET
Accepted
Dec 19, 8:35 PM ET
Size
5.9 KB
Accession
0001179110-18-014165
Insider Transaction Report
Form 4
DeSanto Angelique
Managing Dir,Gen Counsel & Sec
Transactions
- Tax Payment
Common Stock
2018-12-17$30.01/sh−9,874$296,319→ 38,541.11 total
Footnotes (2)
- [F1]On December 13, 2018, the Compensation Committee (the "Committee") of the Board of Directors of Investment Technology Group, Inc. (the "Company") approved, effective December 17, 2018, the accelerated vesting of three separate time-based restricted stock units previously granted to the Reporting Person, representing in the aggregate (a) 5,691 time-based restricted stock units, which were scheduled to vest on January 24, 2019, (b) 4,509 time-based restricted stock units, which were scheduled to vest on February 11, 2019, (c) 6,569 time-based restricted stock units, which were scheduled to vest on January 24, 2020 and (d) 3,600 time-based restricted stock units, which were scheduled to vest on January 24, 2021. The Committee approved the accelerated vesting in order to mitigate potential adverse tax consequences to the Company and the Reporting Person of Section 280G of the Internal Revenue Code, as amended, in connection with the Company's merger with Virtu Financial, Inc.
- [F2]The reported disposition represents the withholding of shares for payment of taxes arising from the accelerated vesting of the time-based restricted stock units.
Documents
Issuer
INVESTMENT TECHNOLOGY GROUP, INC.
CIK 0000920424
Entity typeother
Related Parties
1- filerCIK 0001650802
Filing Metadata
- Form type
- 4
- Filed
- Dec 18, 7:00 PM ET
- Accepted
- Dec 19, 8:35 PM ET
- Size
- 5.9 KB