BGC Partners, Inc. 4
4 · BGC Partners, Inc. · Filed Aug 29, 2013
Insider Transaction Report
Form 4
Lynn Shaun D
President
Transactions
- Award
Class A Common Stock, par value $0.01 per share
2013-07-30+2,479,777→ 2,485,145 total - Tax Payment
Class A Common Stock, par value $0.01 per share
2013-07-30$6.29/sh−466,855$2,936,518→ 2,018,290 total - Exercise/Conversion
BGC Holdings Exchangeable Limited Partnership Interestes
2013-07-30−740,842→ 0 total→ Class A common stock, par value $0.01 per share (740,842 underlying)
Footnotes (1)
- [F1]Represents 2,479,777 shares of BGC Partners, Inc. (the "Company") Class A common stock, par value $0.01 per share (the "Class A common stock"), acquired by the reporting person from the Company in an exempt transaction pursuant to Section 16b-3 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"). Of these 2,479,777 shares, 740,842 shares were acquired upon the exchange of exchangeable limited partnership interests in BGC Holdings, L.P., which were exercisable at any time for shares of Class A common stock on a one-for-one basis (subject to adjustment).