SEC Form 4 · accession 0001179110-17-010090
Virtu Financial, Inc. · VIRT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John F Sandner
Director
Period of report
Jul 1, 2017
Accepted (ET)
Jul 5, 2017 · 6:46 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 stockF1 | Jul 1, 2017 | M | 7,019 | — | A | 13,598 | 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 | — | Jul 1, 2017 | M | 7,019 | A | — | — | Class A Common Stock | 7,019 | 0 | D |
| Restricted Stock UnitF2,F4 | — | Jul 1, 2017 | A | 6,965 | A | — | — | Class A common stock | 6,965 | 6,965 | D |
Explanation of responses
- F1Shares of Class A common stock issued in settlement of vested restricted stock units ("RSUs") granted under the Issuer's Amended and Restated 2015 Management Incentive Plan based on the closing price of the Issuer's Class A common stock on June 30, 2016 of 17.65.
- F2Each RSU is granted under the Issuer's Amended and Restated 2015 Management Incentive Plan and represents a contingent right to receive one share of Class A common stock of the Issuer.
- F3The RSUs vested on July 1, 2017.
- F4The RSUs vest on July 1, 2018.