SEC Form 4 · accession 0001179110-16-019374
INVESTMENT TECHNOLOGY GROUP, INC. · ITG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael Marrale
Officer — Managing Director
Period of report
Feb 11, 2016
Accepted (ET)
Feb 16, 2016 · 8:00 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 | Feb 11, 2016 | F | 2,571 | $17.30 | D | 97,095 | D | |
| Common StockF2 | Feb 11, 2016 | A | 3,947 | $0.00 | A | 101,042 | D | |
| Common StockF3 | Feb 11, 2016 | F | 1,627 | $17.30 | D | 99,415 | D | |
| Common StockF4 | Feb 11, 2016 | A | 17,360 | — | A | 116,775 | D | |
| Common StockF1,F5 | Feb 12, 2016 | F | 2,536 | $17.42 | D | 108,087 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Shares withheld for payment of taxes upon vesting of time-based stock units and dividend equivalent rights.
- F2Represents vesting of one-third of ROE performance-based stock units and dividend equivalent rights.
- F3Shares withheld for payment of taxes upon vesting of ROE performance-based stock units and dividend equivalent rights.
- F4This grant of time-based stock units consists of basic units and matching units. Basic units vest in equal annual installments on each of the first, second and third anniversaries of the date of grant if the Reporting Person has remained continuously employed by the Issuer and is in good standing through and on each applicable vesting date. Matching units will vest 100% on the third anniversary of the date of grant if the Reporting Person has remained continuously employed by the Issuer and is in good standing through and on such vesting date.
- F5Reflects a reduction of market-based stock units and dividend equivalent rights that were forfeited due to failure to achieve performance criteria on date of vest.