SEC Form 4 · accession 0001437749-16-027188
BGC Group, Inc. · BGC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Stephen T Curwood
Director
Period of report
Mar 8, 2016
Accepted (ET)
Mar 9, 2016 · 6:03 pm EST
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 | Mar 8, 2016 | D | 4,000 | $8.89 | D | 16,016 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1These shares were sold to BGC Partners, Inc. (the "Company") in an exempt transaction pursuant to Rule 16b-3 of the Securities Exchange Act of 1934, as amended. The sale price per share was the closing price of the Company's Class A Common Stock on the date of sale, March 8, 2016.
- F2Includes 9,047 shares of Class A Common Stock represented by 9,047 restricted stock units ("RSUs") granted under the Company's Long Term Incentive Plan, as amended. Each RSU represents a contingent right to receive one share of Class A Common Stock. Of the 9,047 RSUs, (i) 3,571 RSUs were granted on June 3, 2014, all of which will vest on June 3, 2016; and (ii) 5,476 RSUs were granted on June 2, 2015, of which 2,738 RSUs will vest on June 2, 2016 and 2,738 RSUs will vest on June 2, 2017, all provided that that the reporting person continues to serve as a member of the Company's Board of Directors on such dates.