SEC Form 4 · accession 0000899243-17-013506
Virtu KCG Holdings LLC · KCG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Nick Ogurtsov
Officer — COO and Chief Risk Officer
Period of report
May 15, 2017
Accepted (ET)
May 17, 2017 · 4:16 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 | May 15, 2017 | M | 51,101 | — | A | 109,650 | D | |
| Class A Common Stock, par value $0.01 per shareF2 | May 15, 2017 | S$0 | 51,101 | — | D | 58,549 | D | |
| Class A Common Stock, par value $0.01 per shareF1 | May 16, 2017 | M | 120,360 | — | A | 178,909 | D | |
| Class A Common Stock, par value $0.01 per shareF3 | May 16, 2017 | S$0 | 120,360 | — | D | 58,549 | 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 | $8.24 | May 15, 2017 | M | 51,101 | D | — | Aug 12, 2018 | Class A Common Stock | 51,101 | 120,360 | D |
| Stock Options (right to buy)F4 | $8.24 | May 16, 2017 | M | 120,360 | D | — | Aug 12, 2018 | Class A Common Stock | 120,360 | 0 | 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 51,101 shares in multiple transactions at prices ranging from $19.83 to $19.88 per share, resulting in a weighted average sale price per share of $19.85. 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 120,360 shares in multiple transactions at prices ranging from $19.81 to $19.85 per share, resulting in a weighted average sale price per share of $19.82. 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 July 1, 2016.