4//SEC Filing
Windeatt Sean A 4
Accession 0001437749-24-015360
CIK 0001094831other
Filed
May 7, 8:00 PM ET
Accepted
May 8, 4:06 PM ET
Size
8.7 KB
Accession
0001437749-24-015360
Insider Transaction Report
Form 4
Windeatt Sean A
COO and Co-CEO
Transactions
- Sale
Class A Common Stock, par value $0.01 per share
2024-05-07$8.75/sh−118,449$1,036,429→ 641,175 total - Sale
Class A Common Stock, par value $0.01 per share
2024-05-06$8.73/sh−40,000$349,200→ 759,624 total
Footnotes (5)
- [F1]Represents a sale of 40,000 shares of BGC Group, Inc. (the "Company") Class A common stock, par value $0.01 per share ("Common Stock"), by the reporting person. The sale price per share of $8.73 represents the weighted average share price of an aggregate total of 40,000 shares sold in the price range of $8.71 to $8.75.
- [F2]Represents a sale of 118,449 shares of Common Stock by the reporting person. The sale price per share of $8.75 represents the weighted average share price of an aggregate total of 118,449 shares sold in the price range of $8.70 to $8.82.
- [F3]The reporting person undertakes to provide, upon request by the Securities and Exchange Commission staff, the Company or a security holder of the Company, full information regarding the number of shares sold at each separate price.
- [F4]Includes (i) 239,990 shares of Common Stock received as restricted stock awards granted under the BGC Group, Inc. Long Term Incentive Plan (the "LTIP") that will vest on April 1, 2025 provided that the reporting person remains employed through such vesting date, and subject to other obligations as set forth in the applicable award agreement, (ii) 210,037 shares of Common Stock subject to Restricted Stock Units ("RSUs") granted under the LTIP, each of which represents a contingent right to receive one share of Common Stock, which will vest on July 1, 2033, provided that the reporting person remains employed through such vesting date, and contingent upon the Company generating at least $5 million in revenue for the quarter in which the vesting occurs,
- [F5](continued from Footnote 4) (iii) 60,095 RSUs which will vest ratably one-fifth (1/5th) on each of the first (1st) through fifth (5th) anniversaries of April 1, 2024, provided that the reporting person is still substantially providing services exclusively for the Company or any of its affiliates through the applicable vesting date, and contingent upon the Company generating at least $5 million in gross revenues for the quarter in which the vesting occurs, and (iv) 131,053 RSU-LLPs, which are RSUs that will vest on April 1, 2027, provided that the reporting person remains a member of and in good standing with BGC Services (Holdings) LLP, a wholly owned subsidiary of the Company, through the vesting date and contingent upon the Company generating at least $5 million in gross revenues for the quarter in which the vesting occurs.
Documents
Issuer
BGC Group, Inc.
CIK 0001094831
Entity typeother
Related Parties
1- filerCIK 0001450108
Filing Metadata
- Form type
- 4
- Filed
- May 7, 8:00 PM ET
- Accepted
- May 8, 4:06 PM ET
- Size
- 8.7 KB