WEIS ALBERT M 4
4 · BGC Partners, Inc. · Filed Dec 19, 2012
Insider Transaction Report
Form 4
WEIS ALBERT M
Director
Transactions
- Award
Class A Common Stock, par value $0.01 per share
2012-12-17$3.29/sh+15,198$50,001→ 256,992 total
Holdings
- 2,000(indirect: See footnote)
Class A Common Stock, par value $0.01 per share
Footnotes (3)
- [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.
- [F3]The 2,000 shares of Class A Common Stock held indirectly by the reporting person consist of (1) 1,000 shares held by the reporting person's spouse and (2) 1,000 shares held in trust for the benefit of the reporting person's children.