BGC Partners, Inc. 4
4 · BGC Partners, Inc. · Filed Jul 21, 2015
Insider Transaction Report
Form 4
WEIS ALBERT M
Director
Transactions
- Exercise/Conversion
Stock Option (Right to Buy)
2015-07-20−10,000→ 0 totalExercise: $8.86From: 2006-07-16Exp: 2015-07-20→ Class A Common Stock, par value $0.01 per share (10,000 underlying) - Exercise/Conversion
Class A Common Stock, par value $0.01 per share
2015-07-20$8.86/sh+10,000$88,600→ 310,418 total
Holdings
- 2,000(indirect: See footnote)
Class A Common Stock, par value $0.01 per share
Footnotes (2)
- [F1]Includes 9,047 shares of Class A Common Stock represented by 9,047 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 9,047 RSUs, (a) 5,476 RSUs were granted on June 2, 2015, of which (i) 2,738 RSUs will vest on June 2, 2016 and (ii) 2,738 RSUs will vest on June 2, 2017, and (b) 3,571 RSUs were granted on June 3, 2014, all of which will vest on June 3, 2016, in each case provided that the reporting person continues to serve as a member of the Board of Directors on such dates.
- [F2]The 2,000 shares of Class A Common Stock held indirectly by the reporting person consist of (a) 1,000 shares held by the reporting person's spouse and (b) 1,000 shares held in trust for the benefit of the reporting person's children.