SEC Form 4 · accession 0001437749-15-007551
BGC Group, Inc. · BGC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
L. P. Cantor Fitzgerald
Director · 10% Owner
Period of report
Apr 13, 2015
Accepted (ET)
Apr 16, 2015 · 9:43 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001094831
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common Stock, par value $0.01 per shareF1,F2 | Apr 13, 2015 | A | 24,042,599 | — | A | 24,042,599 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Acquired in connection with the conversion by Cantor Fitzgerald, L.P. ("CFLP") of $150,000,000 Senior Convertible Notes due 2015 (as adjusted for certain cash dividends paid by BGC Partners, Inc.). The issuance of these shares will have no impact on BGC Partners, Inc.'s fully diluted share count for distributable earnings because the issued shares were already included in the total.
- F2Does not include an aggregate of 1,281,970 shares of Class A Common Stock acquired by CFLP upon exercise of exchange rights with respect to 1,281,970 exchangeable limited partnership obligations, because such aggregate 1,281,970 shares of Class A Common Stock were assumed in previous reports to have been distributed in connection with CFLP's deferred stock distribution obligations.