Form 4 for BGC BGC Group, Inc.
Accepted 2023-06-05 00:00:00 ET · period of report 2023-06-02 · accession 0001437749-23-016650 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023-06-05 | 2023-06-02 | BGC | MERKEL STEPHEN M | EVP, GC | D - Sale to Iss | $4.21 | -150.0K | 136.9K | -52% | -$631.5K |
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 $0.01 per share | 2023-06-02 | D | D | 150,000 | $4.21 | 136,891 | D | — | — | (F1) On June 2, 2023, the reporting person sold 150,000 shares of BGC Partners, Inc. (the "Company") Class A common stock, par value $0.01 per share ("Class A Common Stock"), to the Company in an exempt transaction made pursuant to Rule 16b-3 under the Securities Exchange Act of 1936, as amended. The sale price per share of $4.21 was the closing price of a share of Class A Common Stock on June 2, 2023. The transaction was approved by the Audit Committee and the Compensation Committee of the Board of Directors of the Company and was made pursuant to the Company's stock buyback authorization. |