SEC Form 4 · accession 0001012975-15-000057
MARKETAXESS HOLDINGS INC · MKTX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard M McVey
Officer — Chairman & CEO · Director
Period of report
Jan 15, 2015
Accepted (ET)
Jan 20, 2015 · 7:36 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001278021
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $0.003 per shareF1 | Jan 15, 2015 | F | 6,244 | $70.60 | D | 1,118,285 | D | |
| Common Stock, par value $0.003 per shareF1 | Jan 15, 2015 | F | 6,232 | $70.60 | D | 1,112,053 | D | |
| Common Stock, par value $0.003 per shareF1 | Jan 15, 2015 | F | 499 | $70.60 | D | 1,111,554 | D | |
| Common Stock, par value $0.003 per shareF2 | Jan 15, 2015 | A | 25,084 | $0.00 | A | 1,136,638 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F3 | $88.25 | Jan 15, 2015 | A | 119,981 | A | — | Jul 15, 2020 | Common Stock | 119,981 | 119,981 | D |
| Performance SharesF4 | — | Jan 15, 2015 | A | 116,659 | A | — | — | Common Stock | 116,659 | 116,659 | D |
Explanation of responses
- F1Represents the surrender of shares to the Company to satisfy Mr. McVey's tax withholding obligation upon the vesting of shares of restricted stock previously granted to Mr. McVey.
- F2Represents a grant of restricted stock units pursuant to the Company's 2012 Incentive Plan. The restricted stock units will vest in three installments of 34% on February 15, 2016 and 33% on each of January 31, 2017 and January 31, 2018.
- F339,933 options, 39,972 options and 40,076 options will vest on January 15, 2018, 2019 and 2020, respectively.
- F4Each performance share represents a contingent right to receive one share of the Company's common stock. The number of shares of the Company's common stock awarded will be based on the Company's level of attainment of an average price per share of the common stock achieved, calculated based on the closing price of the common stock over any ten consecutive trading days during the period from January 15, 2015 to January 15, 2020.