4//SEC Filing
MERKEL STEPHEN M 4
Accession 0001437749-23-016650
CIK 0001094831other
Filed
Jun 4, 8:00 PM ET
Accepted
Jun 5, 4:51 PM ET
Size
7.0 KB
Accession
0001437749-23-016650
Insider Transaction Report
Form 4
MERKEL STEPHEN M
EVP, GC and Secretary
Transactions
- Disposition to Issuer
Class A Common Stock, par value $0.01 per share
2023-06-02$4.21/sh−150,000$631,500→ 136,891 total
Holdings
- 6,258(indirect: By Trust)
Class A Common Stock, par value $0.01 per share
- 42,425(indirect: By 401(k))
Class A Common Stock, par value $0.01 per share
Footnotes (3)
- [F1]On June 2, 2023, the reporting person sold 150,000 shares of BGC Partners, Inc. (the "Company") Class A common stock, par value $0.01 per share ("Class A Common Stock"), to the Company in an exempt transaction made pursuant to Rule 16b-3 under the Securities Exchange Act of 1936, as amended. The sale price per share of $4.21 was the closing price of a share of Class A Common Stock on June 2, 2023. The transaction was approved by the Audit Committee and the Compensation Committee of the Board of Directors of the Company and was made pursuant to the Company's stock buyback authorization.
- [F2]Represents shares of Class A Common Stock of the Company held in trusts for the benefit of the reporting person's immediate family, of which the reporting person's spouse is the sole trustee of each trust.
- [F3]Represents shares of Class A Common Stock held in the reporting person's 401(k) account as of April 30, 2023.
Documents
Issuer
BGC Partners, Inc.
CIK 0001094831
Entity typeother
Related Parties
1- filerCIK 0001251144
Filing Metadata
- Form type
- 4
- Filed
- Jun 4, 8:00 PM ET
- Accepted
- Jun 5, 4:51 PM ET
- Size
- 7.0 KB