SEC Form 4 · accession 0001179110-16-017901
INVESTMENT TECHNOLOGY GROUP, INC. · ITG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Francis J Troise
Officer — CEO and President · Director
Period of report
Jan 15, 2016
Accepted (ET)
Jan 20, 2016 · 7:41 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000920424
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jan 15, 2016 | A | 135,353 | — | A | 135,353 | D | |
| Common StockF2 | Jan 15, 2016 | A | 156,051 | — | A | 291,404 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Option (right to buy)F3 | $16.18 | Jan 15, 2016 | A | 196,851 | A | — | Jan 15, 2024 | Common Stock | 196,851 | 196,851 | D |
Explanation of responses
- F1This grant of Stock Units will vest in thirds on each of January 15, 2017, 2018 and 2019 if the Reporting Person remains continuously employed by the Issuer and in good standing through and on each vesting date.
- F2This grant of Stock Units will vest as follows if the Reporting Person remains continuously employed by the Issuer in good standing through and on each vesting date: (i) 38% will vest on January 31, 2016 and will be subject to a 12-month holding requirement; (ii) 41% will vest on January 31, 2017; and (iii) the remaining 21% will vest on January 31, 2018.
- F3This stock option will vest in thirds on each of January 15, 2017, 2018 and 2019 if the Reporting Person remains continuously employed by the Issuer and in good standing through and on each vesting date.