SEC Form 4 · accession 0001615774-17-007029
Global Brokerage, Inc. · GLBR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Dror Niv
10% Owner
Period of report
Nov 27, 2017
Accepted (ET)
Nov 29, 2017 · 4:17 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,F2 | Nov 27, 2017 | C | 768,047 | — | A | 842,489 | I | By Trusts |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Units of Global Brokerage Holdings LLCF1 | — | Nov 27, 2017 | C | 768,047 | D | — | — | Class A Common Stock | 768,047 | 0 | D |
Explanation of responses
- F1Pursuant to the terms of an exchange agreement, as of December 7, 2011, units of Global Brokerage Holdings LLC are exchangeable for shares of Class A common stock of Global Brokerage, Inc. on a one-for-one basis.
- F2A portion of these securities are (i) held by a trust, for the benefit of Mr. Niv's family, for which Mr. Niv's wife serves as investment adviser, and (ii) held by trusts, over which the Reporting Person exercises investment control. Mr. Niv disclaims beneficial ownership over the securities held by these trusts except to the extent of his pecuniary interest therein.