SEC Form 4 · accession 0001179110-16-017388
Virtu Financial, Inc. · VIRT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joseph Molluso
Officer — Exec VP & CFO
Period of report
Dec 31, 2015
Accepted (ET)
Jan 6, 2016 · 5:01 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001592386
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A common stockF1 | Dec 31, 2015 | A | 11,548 | — | A | 11,548 | D | |
| Class A common stockF2 | Dec 31, 2015 | F | 4,269 | — | D | 7,279 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitF3,F4 | — | Dec 31, 2015 | A | 17,323 | A | — | — | Class A Common Stock | 17,323 | 17,323 | D |
Explanation of responses
- F1Shares of Class A common stock granted under the Issuer's 2015 Management Incentive Plan based on the volume weighted average price of the Issuer's Class A common stock on the three trading days preceding the grant date of 22.5131.
- F2Shares of Class A common stock withheld by the Issuer in accordance with the Issuer's 2015 Management Incentive Plan based on the volume weighted average price of the Issuer's Class A common stock on the three trading days preceding the grant date of 22.5131.
- F3Each restricted stock unit ("RSU") is granted under the Issuer's 2015 Management Incentive Plan and represents a contingent right to receive one share of Class A common stock of the Issuer.
- F4The RSUs vest in three equal installments on the December 31, 2016, December 31, 2017 and December 31, 2018.