SEC Form 4 · accession 0001437749-16-039174
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
Sep 23, 2016
Accepted (ET)
Sep 27, 2016 · 6:15 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 | Apr 26, 2016 | G | 5,500 | $0.00 | D | 56,002 | D | |
| Class A Common Stock, par value $0.01 per shareF1 | Jun 28, 2016 | G | 6,000 | $0.00 | D | 50,002 | D | |
| Class A Common Stock, par value $0.01 per shareF1 | Aug 4, 2016 | G | 7,750 | $0.00 | D | 42,252 | D | |
| Class A Common Stock, par value $0.01 per shareF1 | Sep 13, 2016 | G | 2,816 | $0.00 | D | 39,436 | D | |
| Class A Common Stock, par value $0.01 per shareF2 | Sep 23, 2016 | J | 16,634 | $0.00 | A | 56,070 | D | |
| Class A Common Stock, par value $0.01 per shareF2,F3 | Sep 23, 2016 | J | 4,131 | $0.00 | A | 4,131 | I | By various trusts |
| Class A Common Stock, par value $0.01 per shareF4 | holding | — | — | — | 17,301 | I | By 401(k) plan | |
| Class A Common Stock, par value $0.01 per share | holding | — | — | — | 2,250 | I | By reporting person's spouse |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents gifts of shares of BGC Partners, Inc. Class A common stock, par value $0.01 per share (the "Class A Common Stock") by the reporting person to various charitable organizations.
- F2Represents shares of Class A Common Stock received by the reporting person in a pro rata distribution by Cantor Fitzgerald, L.P. ("CFLP") to partners of CFLP in a transaction exempt under Rule 16a-9(a) under the Securities Exchange Act of 1934, as amended.
- F3Represents shares of Class A Common Stock held in trusts for the benefit of the reporting person's immediately family, of which the reporting person's spouse is the sole trustee of each trust and the reporting person has the power to remove and replace such trustee.
- F4Represents shares of Class A Common Stock held in the reporting person's 401(k) account as of August 31, 2016.