Form 4 for BGC BGC Group, Inc.

Accepted 2024-04-01 00:00:00 ET · period of report 2024-04-01 · accession 0001437749-24-010366 · 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
	2024-04-01	2024-04-01	BGC	MERKEL STEPHEN M	EVP, GC	A - Grant	—	+77.1K	86.7K	+802%	—

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	2024-04-01	A	A	77,106	—	86,724	D	—	—	(F1) On April 1, 2024, the BGC Group, Inc. (the "Company") granted the reporting person 77,106 restricted stock units ("RSUs") granted under the BGC Group, Inc. Long Term Incentive Plan. Each RSU represents a contingent right to receive one share of the Company's Class A common stock, par value $0.01 ("Class A Common Stock"). The RSUs shall vest ratably one-fifth (1/5th) on each of the first (1st) through fifth (5th) anniversaries of the grant date, provided that the reporting person is still substantially providing services exclusively for the Company or any of its affiliates through the applicable vesting date, and contingent upon the Company generating at least $5 million in gross revenues for the quarter in which the vesting occurs. 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) Also includes 9,618 shares of Class A Common Stock held directly by the reporting person.