Form 4 for VIRT Virtu Financial, Inc.
Accepted 2021-08-16 00:00:00 ET · period of report 2021-08-12 · accession 0001209191-21-051722 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| I | 2021-08-16 | 2021-08-12 | VIRT | HUTCHINS GLENN H | Dir, 10% | S - Sale | $26.15 | -1.50M | 19.86M | -7% | -$39.23M |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A common stock, par value $0.00001 per share | 2021-08-12 | S | D | 1,500,000 | $26.15 | 19,859,243 | I See footnotes | — | — | (F1) On August 12, 2021, Ordinal Holdings I, LP sold 1,500,000 shares of the Issuer's Class A common stock, par value $0.00001 per share for approximately $26.15 per share to the Issuer. (F2) These shares are owned directly by Ordinal Holdings I, LP. (F4) (continued from Footnote 3) The filing of this statement shall not be deemed to be an admission that, for purposes of Section 16 of the Securities Exchange Act of 1934 or otherwise, the Reporting Persons are the beneficial owners of any securities reported herein. (F3) The sole general partner of Ordinal Holdings I, LP is Ordinal Holdings I GP, LP. The sole general partner of Ordinal Holdings I GP, LP is Ordinal Ventures, LLC. Messrs. Hutchins and Greifeld, directly and/or indirectly through Tide Mill L.L.C. and West Meadow Group LLC, respectively, each control 50% of the membership interests in Ordinal Ventures, LLC. Each of Ordinal Holdings I GP, LP, Ordinal Ventures, LLC, Tide Mill L.L.C., and West Meadow Group LLC and Messrs. Hutchins and Greifeld may be deemed to beneficially own the shares beneficially owned by Ordinal Holdings I, LP, but each (other than the Ordinal Holdings I, LP to the extent of its direct holdings) disclaims beneficial ownership of such shares, except to the extent of such Reporting Person's pecuniary interest therein. (continued in Footnote 4) (F5) Information with respect to each of the Reporting Persons is given solely by such Reporting Person, and no Reporting Person has responsibility for the accuracy or completeness of information supplied by another Reporting Person. |