Form 4 for BGC BGC Group, Inc.

Accepted 2021-12-23 00:00:00 ET · period of report 2021-12-22 · accession 0001437749-21-029183 · 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
	2021-12-23	2021-12-22	BGC	LUTNICK HOWARD W	COB, CEO, Dir, 10%	A - Grant	—	+2.01M	16.02M	+14%	—

Purchase Sale Sale after option exercise All abbreviations

#	Table	Security	Date	Code	A/D	Shares	Price	Owned after	Own	Exercise / expiry	Underlying	Footnotes
1	Common	Class A Common Stock, par value $0.01 per share	2021-12-22	A	A	2,011,731	—	16,018,790	D	—	—	(F1) On December 22, 2021, BGC Partners, Inc. (the "Company") granted to the reporting person 2,011,731 shares of its Class A Common Stock, par value $0.01 per share (the "Class A Common Stock"), following the redemption and cancellation of an aggregate of 2,011,731 non-exchangeable limited partnership interests of BGC Holdings, L.P. The grant was approved by the Compensation Committee of the Board of Directors of the Company and is exempt pursuant to Rule 16b-3 under the Securities Exchange Act of 1934, as amended. (F2) The shares of Class A Common Stock held directly by the reporting person after the transaction herein consists of (i) 7,045,069 shares held by the reporting person, and (ii) 8,973,721 shares receivable by the reporting person pursuant to deferred stock distribution rights provided to certain current and former partners of Cantor Fitzgerald, L.P. ("CFLP") on April 1, 2008 ("April 2008 distribution rights shares") and February 14, 2012 ("February 2012 distribution rights shares")(consisting of 7,742,325 April 2008 distribution rights shares and 1,231,396 February 2012 distribution rights shares).