4//SEC Filing
Lee Cindy 4
Accession 0001592386-25-000015
CIK 0001592386other
Filed
Feb 3, 7:00 PM ET
Accepted
Feb 4, 9:35 PM ET
Size
11.0 KB
Accession
0001592386-25-000015
Insider Transaction Report
Form 4
Lee Cindy
Chief Financial Officer
Transactions
- Exercise/Conversion
Class A common stock
2025-02-02+2,749→ 6,525 total - Tax Payment
Class A common stock
2025-02-02−1,108→ 5,417 total - Exercise/Conversion
Restricted Stock Unit
2025-02-02−2,749→ 55,294 total→ Class A common stock (2,749 underlying)
Holdings
- 4,760(indirect: See footnote)
Non-voting common interest units of Virtu Financial LLC
→ Class A common stock (4,760 underlying)
Footnotes (6)
- [F1]Shares of Class A common stock issued in settlement of vested restricted stock units ("RSUs") granted under the Issuer's Amended and Restated 2015 Management Incentive Plan.
- [F2]Shares of Class A common stock withheld for tax by the Issuer in relation to the settlement of vested RSUs in accordance with the Issuer's Amended and Restated 2015 Management Incentive Plan.
- [F3]Each RSU is granted under the Issuer's Amended and Restated 2015 Management Incentive Plan and represents a contingent right to receive one share of Class A common stock of the Issuer.
- [F4]The RSUs vested February 1, 2024.
- [F5]Pursuant to the terms of the Exchange Agreement, effective as of April 15, 2015, by and among the Issuer, Virtu Financial LLC and the equityholders of Virtu Financial LLC (the "Exchange Agreement"), Virtu Financial Units, together with a corresponding number of shares of Class C Common Stock, may be exchanged for shares of Class A Common Stock, which have one vote per share and economic rights (including rights to dividends and distributions upon liquidation), on a one-for-one basis at the discretion of the holder. The exchange rights under the Exchange Agreement do not expire.
- [F6]By Virtu Employee Holdco LLC, a holding vehicle through which employees and directors of the Issuer hold vested and unvested Virtu Financial Units and shares of Class C Common Stock. The reporting person disclaims beneficial ownership in such Virtu Financial Units and shares held by Virtu Employee Holdco LLC except to the extent of his pecuniary interest therein.
Documents
Issuer
Virtu Financial, Inc.
CIK 0001592386
Entity typeother
Related Parties
1- filerCIK 0002033153
Filing Metadata
- Form type
- 4
- Filed
- Feb 3, 7:00 PM ET
- Accepted
- Feb 4, 9:35 PM ET
- Size
- 11.0 KB