4//SEC Filing
Hauf Jason W. 4
Accession 0001437749-25-010467
CIK 0001094831other
Filed
Mar 31, 8:00 PM ET
Accepted
Apr 1, 4:19 PM ET
Size
8.2 KB
Accession
0001437749-25-010467
Insider Transaction Report
Form 4
Hauf Jason W.
Chief Financial Officer
Transactions
- Award
Class A Common Stock, par value $0.01 per share
2025-04-01+38,360→ 122,296 total - Tax Payment
Class A Common Stock, par value $0.01 per share
2025-04-01$9.22/sh−3,228$29,762→ 119,068 total
Footnotes (3)
- [F1]On April 1, 2025, BGC Group, Inc. (the "Company") granted the reporting person 38,360 restricted stock units ("RSUs") under the BGC Group, Inc. Long Term Incentive Plan. Each RSU represents a contingent right to receive one share of the Company's Class A common stock, par value $0.01 ("Common Stock"). The RSUs shall vest ratably one-fifth (1/5th) on each of the first (1st) through fifth (5th) anniversaries of the grant date, provided that the reporting person is still 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. The grant was approved by the Compensation Committee of the Board of Directors of the Company and is exempt pursuant to Rule 16b-3 under the Securities Exchange Act of 1934, as amended.
- [F2]On April 1, 2025, pursuant to the vesting schedule of the RSUs previously granted to the reporting person, 8,008 RSUs became vested and issuable as Class A Common Stock to the reporting person. The reported transaction involved the withholding by the Company of 3,228 shares of Class A Common Stock for taxes. The remaining 4,780 shares of Class A Common Stock were issued to the reporting person.
- [F3]Also includes (i) 6,808 previously granted RSUs which will vest on July 1, 2033, provided that the reporting person remains employed through such vesting date, and contingent upon the Company, inclusive of its affiliates, generating at least $5 million in revenue for the quarter in which the vesting occurs, (ii) 37,092 previously granted RSUs which will vest on July 1, 2033, provided that the reporting person remains employed through such vesting date; and (iii) 32,028 RSUs which vest ratably on each of April 1, 2026, 2027, 2028 and 2029, provided that the reporting person is still 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.
Documents
Issuer
BGC Group, Inc.
CIK 0001094831
Entity typeother
Related Parties
1- filerCIK 0001933771
Filing Metadata
- Form type
- 4
- Filed
- Mar 31, 8:00 PM ET
- Accepted
- Apr 1, 4:19 PM ET
- Size
- 8.2 KB