SEC Form 4 · accession 0001179110-17-005879
Virtu Financial, Inc. · VIRT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owners
Michael T Viola
Director · 10% Owner
Vincent J Viola
Officer — Executive Chairman · Director · 10% Owner
TJMT Holdings LLC
Officer — See Viola, Vincent J. · Director · 10% Owner · Other
Teresa Viola
Director · 10% Owner · Other
Period of report
Jan 10, 2017
Accepted (ET)
Apr 7, 2017 · 7:14 pm EDT
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 stockF2 | Jan 10, 2017 | P | 1,700 | $16.00 | A | 509,640 | I | See footnote |
| Class A common stockF3,F2 | Jan 12, 2017 | P | 7,844 | $15.9898 | A | 519,228 | I | See footnote |
| Class A common stockF4,F2 | Apr 5, 2017 | P | 41,584 | $15.9652 | A | 655,458 | I | See footnote |
| Class A common stockF5,F2 | Apr 6, 2017 | P | 50,000 | $15.8623 | A | 705,458 | I | See footnote |
| Class A common stockF6,F2 | Apr 7, 2017 | P | 50,000 | $15.7797 | A | 755,458 | I | See footnote |
| Class A common stockF7 | holding | — | — | — | 200,000 | D | ||
| Class A common stockF8 | holding | — | — | — | 5,752 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1This transaction was effected pursuant to a Rule 10b5-1 Plan adopted by TJMT Holdings LLC on November 10, 2016 which provides for the purchase of up to 1,000,000 shares of Class A Common Stock. Accordingly, the reporting person had no discretion with regard to the timing of the transaction.
- F2Mr. Michael Viola and Mrs. Teresa Viola each have an indirect interest in the securities acquired by TJMT Holdings LLC, a Viola family vehicle over which the reporting persons shares dispositive control and voting control. Mr. Vincent Viola has an indirect interest in the securities acquired by TJMT Holdings LLC by virtue of his spouse's dispositive and voting control over TJMT Holdings LLC.
- F3The price reported in Column 4 is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $15.95 to $16.00, inclusive. The reporting person undertakes to provide to the staff of the Securities and Exchange Commission, to any security holder of Virtu Financial, Inc., or to Virtu Financial, Inc., upon request, full information regarding the number of shares purchased at each separate price within the range set forth above.
- F4The price reported in Column 4 is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $15.90 to $16.00, inclusive. The reporting person undertakes to provide to the staff of the Securities and Exchange Commission, to any security holder of Virtu Financial, Inc., or to Virtu Financial, Inc., upon request, full information regarding the number of shares purchased at each separate price within the range set forth above.
- F5The price reported in Column 4 is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $15.70 to $16.00, inclusive. The reporting person undertakes to provide to the staff of the Securities and Exchange Commission, to any security holder of Virtu Financial, Inc., or to Virtu Financial, Inc., upon request, full information regarding the number of shares purchased at each separate price within the range set forth above.
- F6The price reported in Column 4 is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $15.65 to $16.00, inclusive. The reporting person undertakes to provide to the staff of the Securities and Exchange Commission, to any security holder of Virtu Financial, Inc., or to Virtu Financial, Inc., upon request, full information regarding the number of shares purchased at each separate price within the range set forth above.
- F7Directly owned by Mr. Vincent Viola.
- F8Directly owned by Mr. Michael Viola.
Remarks
By virtue of relationship with Mr. Vincent Viola, a director of the Issuer, Mrs. Teresa Viola and TJMT Holdings LLC may each be deemed to be a director by deputization.