BGC Partners, Inc. 4
4 · BGC Partners, Inc. · Filed Jun 2, 2015
Insider Transaction Report
Form 4
WEIS ALBERT M
Director
Transactions
- Award
Class A Common Stock, par value $0.01 per share
2015-06-02+5,476→ 300,418 total
Holdings
- 2,000(indirect: See footnote)
Class A Common Stock, par value $0.01 per share
Footnotes (3)
- [F1]The 5,476 shares of Class A Common Stock are represented by 5,476 restricted stock units ("RSUs") granted under the BGC Partners, Inc. Sixth Amended and Restated Long Term Incentive Plan. Each RSU represents a contingent right to receive one share of Class A Common Stock. Of the 5,476 RSUs, 2,738 RSUs will vest on June 2, 2016 and 2,738 RSUs will vest on June 2, 2017, provided that the reporting person continues to serve as a member of the Board of Directors on such dates.
- [F2]Includes (i) 7,143 RSUs 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; and (ii) 4,570 RSUs granted on June 4, 2014, all of which will vest on June 4, 2015, provided that the reporting person continues to serve as a member of the Board of Directors on such dates.
- [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.