SEC Form 4 · accession 0001444363-15-000117
GAIN Capital Holdings, Inc. · GCAP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Glenn Henry Stevens
Officer — President, CEO & Director · Director
Period of report
Jun 29, 2015
Accepted (ET)
Jul 2, 2015 · 10:52 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001444363
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jun 29, 2015 | M | 20,000 | $2.43 | A | 1,209,883 | D | |
| Common StockF1 | Jun 30, 2015 | M | 20,000 | $2.43 | A | 1,229,883 | D | |
| Common StockF1 | Jul 1, 2015 | M | 10,002 | $2.43 | A | 1,239,885 | D | |
| Common StockF2,F3 | Jun 29, 2015 | S | 29,998 | $9.6876 | D | 1,209,887 | D | |
| Common StockF2,F4 | Jun 30, 2015 | S | 20,000 | $9.5375 | D | 1,189,887 | D | |
| Common StockF2,F5 | Jul 1, 2015 | S | 10,002 | $9.5562 | D | 1,179,885 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F6 | $2.43 | Jun 29, 2015 | M | 20,000 | D | — | — | Common Stock | 20,000 | 30,002 | D |
| Stock Option (Right to Buy)F6 | $2.43 | Jun 30, 2015 | M | 20,000 | D | — | — | Common Stock | 20,000 | 10,002 | D |
| Stock Option (Right to Buy)F6 | $2.43 | Jul 1, 2015 | M | 10,002 | D | — | — | Common Stock | 10,002 | 0 | D |
Explanation of responses
- F1Reflects shares acquired upon exercise of stock options listed in Table II below, pursuant to a sales plan that complies with the requirements of Rule 10b5-1 under the Securities and Exchange Act.
- F2The shares were sold pursuant to a sales plan that complies with the requirements of Rule 10b5-1 under the Securities Exchange Act of 1934, as amended.
- F3The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $9.53 to $10.05, inclusive. The reporting person undertakes to provide to GAIN Capital Holdings, Inc., any security holder of GAIN Capital Holdings, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F4The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $9.49 to $9.70, inclusive. The reporting person undertakes to provide to GAIN Capital Holdings, Inc., any security holder of GAIN Capital Holdings, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F5The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $9.4988 to $9.65, inclusive. The reporting person undertakes to provide to GAIN Capital Holdings, Inc., any security holder of GAIN Capital Holdings, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F6Such stock options were granted on December 30, 2005 and vested ratably over three years, with one-third of the options vesting on each of the first three anniversaries of the grant date. The stock options have a term of ten years.