Curwood Stephen T 4
4 · BGC Partners, Inc. · Filed Dec 19, 2012
Insider Transaction Report
Form 4
Curwood Stephen T
Director
Transactions
- Award
Class A Common Stock, par value $0.01 per share
2012-12-17$3.29/sh+15,198$50,001→ 26,657 total
Footnotes (2)
- [F1]The 15,198 shares of Class A Common Stock are represented by 15,198 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. Of the 15,198 RSUs, 7,599 RSUs will vest on December 17, 2013 and 7,599 RSUs will vest on December 17, 2014, provided that the reporting person continues to serve as a member of the Board of Directors.
- [F2]Includes 4,266 RSUs granted on December 14, 2011, which will vest on December 14, 2013, provided that the reporting person continues to serve as a member of the Board of Directors.