4//SEC Filing
Windeatt Sean A 4
Accession 0001437749-21-009810
CIK 0001094831other
Filed
Apr 25, 8:00 PM ET
Accepted
Apr 26, 4:29 PM ET
Size
6.2 KB
Accession
0001437749-21-009810
Insider Transaction Report
Form 4
Windeatt Sean A
COO and Co-CEO
Transactions
- Disposition to Issuer
BGC Holdings Exchangeable Limited Partnership Interests
2021-04-23−123,713→ 0 total→ Class A common stock, par value $0.01 per share (123,713 underlying)
Footnotes (2)
- [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. The resulting 123,713 exchangeable limited partnership interests of BGC Holdings were 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 ("Class A common stock"). The grant was approved by the Compensation Committee of the Board of Directors of the Company (the "Compensation Committee") and was exempt pursuant to Rule 16b-3 under the Securities Exchange Act of 1934, as amended (the "Exchange Act").
- [F2]On April 23, 2021, the Company repurchased all of such 123,713 exchangeable limited partnership interests held by Mr. Windeatt at a price of $5.65, the closing price of shares of Class A common stock on April 23, 2021. The transaction was approved by the Compensation Committee and is exempt pursuant to Rule 16b-3 under the Exchange Act.
Documents
Issuer
BGC Partners, Inc.
CIK 0001094831
Entity typeother
Related Parties
1- filerCIK 0001450108
Filing Metadata
- Form type
- 4
- Filed
- Apr 25, 8:00 PM ET
- Accepted
- Apr 26, 4:29 PM ET
- Size
- 6.2 KB