4//SEC Filing
Windeatt Sean A 4
Accession 0001437749-22-020570
CIK 0001094831other
Filed
Aug 14, 8:00 PM ET
Accepted
Aug 15, 5:15 PM ET
Size
6.2 KB
Accession
0001437749-22-020570
Insider Transaction Report
Form 4
Windeatt Sean A
COO and Co-CEO
Transactions
- Disposition to Issuer
BGC Holdings Exchangeable Limited Partnership Interests
2022-08-11−135,514→ 0 total→ Class A Common Stock, par value $0.01 per share (135,514 underlying)
Footnotes (2)
- [F1]On March 22, 2022, BGC Partners, Inc. (the "Company") granted the reporting person 135,514 exchange rights with respect to 135,514 non-exchangeable limited partnership interests of BGC Holdings, L.P. ("BGC Holdings") that were previously granted to the reporting person. The resulting 135,514 exchangeable limited partnership interests of BGC Holdings were immediately exchangeable by the reporting person for an aggregate of 135,514 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 August 11, 2022, the Company repurchased all of such 135,514 exchangeable limited partnership interests held by Mr. Windeatt at a price of $4.08, the closing price of shares of Class A Common Stock on August 11, 2022. 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
- Aug 14, 8:00 PM ET
- Accepted
- Aug 15, 5:15 PM ET
- Size
- 6.2 KB