SEC Form 4 · accession 0001179110-17-000566
Virtu Financial, Inc. · VIRT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael T Viola
Director · 10% Owner
Period of report
Jan 3, 2017
Accepted (ET)
Jan 5, 2017 · 8:22 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 | Jan 3, 2017 | M | 2,345 | — | A | 5,752 | 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 UnitF2,F3 | — | Jan 3, 2017 | M | 2,345 | A | — | — | Class A Common Stock | 2,345 | 4,690 | D |
Explanation of responses
- F1Shares of Class A common stock issued in settlement of vested restricted stock units ("RSUs") granted under the Issuer's 2015 Management Incentive Plan based on the closing price of the Issuer's Class A common stock on December 30, 2016 of 15.95.
- F2Each 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.
- F3The RSUs vest in three equal installments on the December 31, 2016, December 31, 2017 and December 31, 2018.