4//SEC Filing
Molluso Joseph 4
Accession 0001592386-25-000019
CIK 0001592386other
Filed
Feb 3, 7:00 PM ET
Accepted
Feb 4, 9:41 PM ET
Size
19.3 KB
Accession
0001592386-25-000019
Insider Transaction Report
Form 4
Molluso Joseph
Co-President & Co-COO
Transactions
- Tax Payment
Class A common stock
2025-01-31−20,737→ 406,451 total - Exercise/Conversion
Deferred Stock Unit
2025-02-02+11,192→ 78,480 total→ Class A common stock (11,192 underlying) - Tax Payment
Class A common stock
2025-01-31−20,738→ 423,213 total - Exercise/Conversion
Restricted Stock Unit
2025-01-31−37,500→ 102,384 total→ Class A common stock (37,500 underlying) - Exercise/Conversion
Class A common stock
2025-01-31+37,500→ 427,188 total - Award
Class A common stock
2025-01-31+37,500→ 443,951 total - Award
Restricted Stock Unit
2025-01-31+37,500→ 139,884 total→ Class A common stock (37,500 underlying) - Exercise/Conversion
Restricted Stock Unit
2025-02-02−11,192→ 91,192 total→ Class A common stock (11,192 underlying)
Footnotes (11)
- [F1]37,500 RSUs were earned as a result of the Issuer's achievement of associated performance objective for 2023 and vested and settled in shares of Class A common stock on January 31, 2025. The RSUs were granted under the Issuer's Amended and Restated 2015 Management Incentive pursuant to the Amended and Restated Employment Agreement between the Issuer and Mr. Joseph Molluso.
- [F10]Deferred Stock Units ("DSU") credited to the reporting person under the Virtu Financial, Inc. Deferred Compensation Plan, effective November 13, 2020, for Restricted Stock Units ("RSUs") granted under the Issuer's Amended and Restated 2015 Management Incentive Plan. Each DSU is economically equivalent to one share of Class A common stock.
- [F11]The DSUs credited under the Deferred Compensation Plan are generally payable in the form elected or provided under the Deferred Compensation Plan on the earlier of: (i) a separation from service, (ii) a specified date, or (iii) a change in control.
- [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]37,500 shares of Class A common stock were earned as a result of the Issuer's achievement of associated performance objective for 2024. The shares are granted under the Issuer's Amended and Restated 2015 Management Incentive pursuant to the Amended and Restated Employment Agreement between the Issuer and Mr. Joseph Molluso.
- [F4]Shares of Class A common stock withheld for tax by the Issuer in accordance with the Issuer's Amended and Restated 2015 Management Incentive Plan
- [F5]37,500 RSUs were earned as a result of the Issuer's achievement of associated performance objective for 2024 . The RSUs were granted under the Issuer's Amended and Restated 2015 Management Incentive pursuant to the Amended and Restated Employment Agreement between the Issuer and Mr. Joseph Molluso.
- [F6]The RSUs vest on January 31, 2026.
- [F7]The RSUs vested January 31, 2025.
- [F8]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.
- [F9]The RSUs vested on February 2, 2025.
Documents
Issuer
Virtu Financial, Inc.
CIK 0001592386
Entity typeother
Related Parties
1- filerCIK 0001602472
Filing Metadata
- Form type
- 4
- Filed
- Feb 3, 7:00 PM ET
- Accepted
- Feb 4, 9:41 PM ET
- Size
- 19.3 KB