SEC Form 4 · accession 0000899243-16-033894
Bats Global Markets, Inc. · BATS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owners
KNIGHT CAPITAL GROUP LLC
10% Owner
KCG Holdings, Inc.
10% Owner
KCG Strategic Holdings LLC
10% Owner
Period of report
Nov 17, 2016
Accepted (ET)
Nov 18, 2016 · 5:00 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001659228
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Nov 17, 2016 | S | 8,863,252 | $31.09 | D | 2,380,205 | D | |
| Common Stock | Nov 18, 2016 | S | 2,174,654 | $30.35 | D | 205,551 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The reporting person, a wholly owned subsidiary of KCG Holdings, Inc., a Delaware corporation ("KCG") sold the shares of Common Stock at a price per share equal to $31.09, the closing stock price of such shares on the Bats BZX Exchange on November 16, 2016, to an affiliate of General Atlantic, LLC ("General Atlantic") in exchange for 18,709,027 shares of common stock of KCG and 8,094,683 warrants to purchase shares of common stock of KCG held by General Atlantic. The transaction is expected to close by the end of November 2016, except that a portion of the transaction involving the sale by the reporting person of 47,716 shares of Common Stock will be settled in early January 2017.