SEC Form 4 · accession 0001437749-15-019381
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
Oct 29, 2015
Accepted (ET)
Nov 2, 2015 · 5:24 pm EST
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 | — | Oct 29, 2015 | D | 8,536 | D | — | — | Class A Common Stock, par value $0.01 per share | 8,536 | 0 | D |
| BGC Holdings Exchangeable PPSU Limited Partnership InterestsF2 | — | Oct 29, 2015 | D | 6,983 | D | — | — | Class A Common Stock, par value $0.01 per share | 6,983 | 0 | D |
Explanation of responses
- F1On October 29, 2015, the Reporting Person sold to BGC Partners, Inc. (the "Company") 8,536 exchangeable PSU limited partnership interest of BGC Holdings, L.P. ("BGC Holdings") in an exempt transaction pursuant to Rule 16b-3 of the Securities Exchange Act of 1934, as amended (the "Act").
- F2On October 29, 2015, the Reporting Person sold to the Company 6,983 exchangeable PPSU limited partnership interests of BGC Holdings in an exempt transaction pursuant to Rule 16b-3 of the Act.