Windeatt Sean A 4
4 · BGC Partners, Inc. · Filed Mar 4, 2020
Insider Transaction Report
Form 4
Windeatt Sean A
COO and Co-CEO
Transactions
- Award
BGC Holdings Exchangeable Limited Partnership Interests
2020-03-02+519,725→ 519,725 total→ Class A Common Stock, par value $0.01 per share (519,725 underlying)
Footnotes (1)
- [F1]On March 2, 2020, BGC Partners, Inc. (the "Company") granted the reporting person 519,725 exchange rights with respect to 519,725 non-exchangeable limited partnership interests of BGC Holdings, L.P. ("BGC Holdings") that were previously granted to the reporting person. The resulting 519,725 exchangeable limited partnership interests of BGC Holdings are immediately exchangeable by the reporting person for an aggregate of 519,725 shares of Class A common stock, par value $0.01 per share, of the Company. The grant was approved by the Compensation Committee of the Board of Directors of the Company and was exempt pursuant to Rule 16b-3 under the Securities Exchange Act of 1934, as amended