SEC Form 4 · accession 0001437749-15-014246
BGC Group, Inc. · BGC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Stephen M Merkel
Officer — EVP, General Counsel and Sec'y
Period of report
Jul 27, 2015
Accepted (ET)
Jul 29, 2015 · 5:23 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001094831
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| BGC Holdings Exchangeable PSU Limited Partnership InterestsF1 | — | Jul 27, 2015 | A | 8,536 | A | — | — | Class A Common Stock, par value $0.01 per share | 8,536 | 8,536 | D |
| BGC Holdings Exchangeable PPSU Limited Partnership InterestsF2 | — | Jul 27, 2015 | A | 6,983 | A | — | — | Class A Common Stock, par value $0.01 per share | 6,983 | 6,983 | D |
Explanation of responses
- F1The Reporting Person was granted 8,536 exchange rights with respect to 8,536 non-exchangeable PSU limited partnership interests of BGC Holdings, L.P. ("BGC Holdings") that were originally granted to the Reporting Person in 2014. The resulting 8,536 exchangeable PSU limited partnership interests of BGC Holdings were immediately exchangeable by the Reporting Person for 8,536 shares of the Company's Class A Common Stock.
- F2The Reporting Person was granted 6,983 exchange rights with respect to 6,983 non-exchangeable PPSU limited partnership interests of BGC Holdings that were originally granted to the Reporting Person in 2014. The resulting 6,983 exchangeable PPSU limited partnership interests of BGC Holdings were immediately exchangeable by the Reporting Person for 6,983 shares of the Company's Class A Common Stock.