Windeatt Sean A 4
4 · BGC Partners, Inc. · Filed Feb 24, 2021
Insider Transaction Report
Form 4
Windeatt Sean A
COO and Co-CEO
Transactions
- Award
BGC Holdings Exchangeable Limited Partnership Interests
2021-02-22+123,713→ 185,924 total→ Class A Common Stock, par value $0.01 per share (123,713 underlying)
Footnotes (1)
- [F1]On February 22, 2021, BGC Partners, Inc. (the "Company") granted the reporting person 123,713 exchange rights with respect to 123,713 non-exchangeable limited partnership interests of BGC Holdings, L.P. ("BGC Holdings") that were previously granted to the reporting person on February 22, 2019. The resulting 123,713 exchangeable limited partnership interests of BGC Holdings are immediately exchangeable by the reporting person for an aggregate of 123,713 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.