SEC Form 4 · accession 0000899243-17-010856
Virtu KCG Holdings LLC · KCG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gregory A Tusar
Officer — See Remarks
Period of report
Apr 21, 2017
Accepted (ET)
Apr 25, 2017 · 4:30 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001569391
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common Stock, par value $0.01 per shareF1 | Apr 21, 2017 | M | 75,910 | — | A | 288,480 | D | |
| Class A Common Stock, par value $0.01 per shareF2 | Apr 21, 2017 | S$0 | 158,080 | — | D | 130,400 | D | |
| Class A Common Stock, par value $0.01 per shareF1 | Apr 24, 2017 | M | 11,600 | — | A | 142,000 | D | |
| Class A Common Stock, par value $0.01 per shareF3 | Apr 24, 2017 | S$0 | 32,100 | — | D | 109,900 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Options (right to buy)F4 | $8.25 | Apr 21, 2017 | M | 75,910 | D | — | Aug 20, 2018 | Class A Common Stock | 75,910 | 15,000 | D |
| Stock Options (right to buy)F4 | $8.25 | Apr 24, 2017 | M | 11,600 | D | — | Aug 20, 2018 | Class A Common Stock | 11,600 | 3,400 | D |
Explanation of responses
- F1Reflects the exercise by the Reporting Person of Stock Options granted by KCG Holdings, Inc. under the KCG Holdings, Inc. Amended and Restated Equity Incentive Plan.
- F2Represents the sale of 158,080 shares in multiple transactions at prices ranging from $19.75 to $19.76 per share, resulting in a weighted average sale price per share of $19.75. The reporting person undertakes to provide the SEC, the Issuer, or any security holder of the Issuer, upon request, full information pertaining to the number of shares sold at each price.
- F3Represents the sale of 32,100 shares in multiple transactions at prices ranging from $19.75 to $19.78 per share, resulting in a weighted average sale price per share of $19.76. The reporting person undertakes to provide the SEC, the Issuer, or any security holder of the Issuer, upon request, full information pertaining to the number of shares sold at each price.
- F4Stock options granted by KCG Holdings, Inc. under the KCG Holdings, Inc. Amended and Restated Equity Incentive Plan. The options vested in full on August 20, 2016.
Remarks
Head of Global Execution Services and Platforms