SEC Form 4 · accession 0001209191-15-035128
Virtu KCG Holdings LLC · KCG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Daniel V. Tierney 2011 Trust
10% Owner
Period of report
Apr 16, 2015
Accepted (ET)
Apr 20, 2015 · 1:34 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 shareF2,F3 | Apr 16, 2015 | S | 20,400 | $12.37 | D | 8,516,602 | D | |
| Class A Common Stock, par value $0.01 per shareF4,F3 | Apr 17, 2015 | S | 13,400 | $12.28 | D | 8,503,202 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Transactions executed in accordance with a Rule 10b5-1 trading plan established on February 2, 2015.
- F2Represents the sale of 20,400 shares in multiple transactions at prices ranging from $12.19 to $12.50 per share, resulting in a weighted average sale price per share of $12.37. 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.
- F3These shares of Class A Common Stock are held directly by the Daniel V. Tierney 2011 Trust ("Trust"). The sole trustee of the Trust is Emma Cuadrado, who holds voting and dispositive power over the securities held by the Trust and disclaims beneficial ownership of such securities. Daniel V. Tierney, a director of KCG Holdings, Inc., is the settlor and sole beneficiary of the Trust, but does not have or share investment control with respect to the securities held by the Trust.
- F4Represents the sale of 13,400 shares in multiple transactions at prices ranging from $12.22 to $12.42 per share, resulting in a weighted average sale price per share of $12.28. 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.