SEC Form 4 · accession 0000899243-17-017621
Virtu KCG Holdings LLC · KCG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Daniel Coleman
Officer — Chief Executive Officer · Director
Period of report
Jun 5, 2017
Accepted (ET)
Jun 30, 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 | Jun 5, 2017 | X | 53,711 | — | A | 1,652,337 | D | |
| Class A Common Stock, par value $0.01 per share | Jun 5, 2017 | S | 31,643 | $19.86 | D | 1,620,694 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Class A Warrants (right to buy) | $11.70 | Jun 5, 2017 | X | 53,711 | D | Jul 1, 2013 | Jul 1, 2017 | Class A Common Stock | 53,711 | 0 | D |
Explanation of responses
- F1On June 5, 2017, the reporting person exercised warrants to purchase 53,711 shares of KCG common stock for $11.70 a share. The reporting person paid the exercise price of each on a cashless basis, resulting in KCG's withholding of 31,643 of the warrant shares to pay the exercise price and issuing to the reporting person the remaining 22,068 shares. KCG also paid $11.28 to the reporting person in lieu of a fractional share.