SEC Form 4 · accession 0001437749-18-012292
BGC Group, Inc. · BGC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David Richards
Director
Period of report
Jun 20, 2018
Accepted (ET)
Jun 22, 2018 · 4:15 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,F2 | Jun 20, 2018 | A | 4,030 | $0.00 | A | 11,056 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The 4,030 shares of Class A Common Stock, par value $0.01 per share (the "Class A Common Stock") are represented by 4,030 restricted stock units ("RSUs") granted under the BGC Partners, Inc. Seventh Amended and Restated Long Term Incentive Plan (the "Plan"). Each RSU represents a contingent right to receive one share of Class A Common Stock. Of the 4,030 RSUs, 2,015 RSUs will vest on June 20, 2019 and 2,015 RSUs will vest on June 20, 2020, provided that the reporting person continues to serve as a member of the Board of Directors of the Issuer on such dates.
- F2Includes 4,603 RSUs granted on December 19, 2017, of which 2,301 RSUs will vest on December 19, 2018 and 2,302 RSUs will vest on December 19, 2019, provided that the reporting person continues to serve as a member of the Board of Directors of the Issuer on such dates.