BGC Partners, Inc. 4
4 · BGC Partners, Inc. · Filed Dec 18, 2014
Insider Transaction Report
Form 4
Curwood Stephen T
Director
Transactions
- Sale
Class A Common Stock, par value $0.01 per share
2014-12-17$8.86/sh−7,600$67,336→ 18,740 total
Footnotes (2)
- [F1]These shares were sold to BGC Partners, Inc. (the "Company") in an exempt transaction pursuant to Rule 16b-3 of the Securities and Exchange Act of 1934, as amended. The sale price per share was the closing price of the Company's Class A Common Stock on the date of sale, December 17, 2014, less 2%.
- [F2]Includes 11,713 shares of Class A Common Stock represented by 11,713 restricted stock units ("RSUs") granted under the Company's Long Term Incentive Plan, as amended. Each RSU represents a contingent right to receive one share of Class A Common Stock. Of the 11,713 RSUs, (i) 7,143 RSUs were granted on June 3, 2014, of which 3,572 RSUs will vest on June 3, 2015 and 3,571 RSUs will vest on June 3, 2016; (ii) 4,570 RSUs were granted on June 4, 2013, which will vest on June 4, 2015, all provided that the reporting person continues to serve as a member of the Company's Board of Directors on such dates.