SEC Form 4 · accession 0001615774-17-006836
Global Brokerage, Inc. · GLBR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kenneth A. Grossman
Officer — Chief Executive Officer · Director
Period of report
Nov 16, 2017
Accepted (ET)
Nov 17, 2017 · 4:16 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 StockF1 | Nov 16, 2017 | S | 19,538 | $1.2881 | D | 0 | D | |
| Class A Common StockF2,F3 | Nov 16, 2017 | S | 11,830 | $1.212 | D | 0 | I | See Footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1This price is an average price. These shares were sold in multiple transactions at prices ranging from $1.25 to $1.30, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, 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.
- F2This number represents shares of the Issuer's Class A common stock which were held by a trust for the benefit of the Reporting Person's family, for which the Reporting Person's wife serves as trustee.
- F3This price is an average price. These shares were sold in multiple transactions at prices ranging from $1.20 to $1.275, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, 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.