SEC Form 4 · accession 0001179110-16-029147
Bats Global Markets, Inc. · BATS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael L Richter
Director
Period of report
Aug 31, 2016
Accepted (ET)
Aug 31, 2016 · 4:25 pm EDT
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 StockF2 | Aug 31, 2016 | J | 484,742 | $0.00 | D | 64,752 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1As part of the plan for dissolution of Lime Brokerage Holdings LLC, all of the shares held by Lime Brokerage Holdings LLC were distributed without consideration to its seven largest members. Michael L. Richter, as one of the seven members, received 61,223 shares and the other six members received 484,742 shares in the aggregate. Michael L. Richter had previously reported ownership of all 545,965 shares due to his position as Chief Financial Officer of Lime Brokerage Holdings LLC and is reporting the transfer of 484,742 shares solely due to the dissolution of such entity. Each of the members receiving shares which is not currently subject to any lock-up agreement has entered into a separate lock-up agreement on substantially the same terms as the lock-up agreement previously entered into by Lime Brokerage Holdings LLC in connection with the initial public offering of the reported securities.
- F2Direct Ownership includes 61,223 shares transferred to Michael L. Richter as a member of Lime Brokerage Holdings as part of its plan for dissolution of the LLC, and 3,529 shares of unvested restricted stock; both of which were previously included in reports of Indirect Ownership.