SEC Form 4 · accession 0001144204-15-004126
Global Brokerage, Inc. · GLBR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Eduard Yusupov
Officer — See Remarks · Director · 10% Owner
Period of report
Jan 23, 2015
Accepted (ET)
Jan 27, 2015 · 6:43 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001499912
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common Stock | Jan 23, 2015 | C | 1,200,000 | $0.00 | A | 1,200,000 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Units of FXCM Holdings LLCF2 | — | Jan 23, 2015 | C | 1,200,000 | D | — | — | Class A Common Stock | 1,200,000 | 3,733,356 | D |
Explanation of responses
- F1The Reporting Person had pledged 1,200,000 units of FXCM Holdings, LLC with a broker as collateral for a margin loan. Due to the events in the currency markets on January 15, 2015, the broker foreclosed on such units by exercising its right under the pledge agreement to cause the Reporting Person to exchange such units into shares of Class A Common Stock. All or a portion of such shares are intended to be sold to satisfy the Reporting Person's obligations.
- F2Pursuant to the terms of an exchange agreement, as of December 7, 2011, units of FXCM Holdings LLC are exchangeable for shares of Class A common stock of FXCM Inc. on a one-for-one basis.
Remarks
Global Head of Dealing and Managing Director