Form 4 for BGC BGC Group, Inc.
Accepted 2024-08-12 00:00:00 ET · period of report 2024-08-08 · accession 0001437749-24-026064 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024-08-12 | 2024-08-08 | BGC | Richards David | Dir | D - Sale to Iss | $9.11 | -13.1K | 58.4K | -18% | -$119.0K | |
| 2024-08-12 | 2024-08-09 | BGC | Richards David | Dir | S - Sale | $9.02 | -43.9K | 14.5K | -75% | -$395.9K |
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 | 2024-08-08 | D | D | 13,063 | $9.11 | 58,399 | D | — | — | (F1) On August 8, 2024, the reporting person sold 13,063 shares of BGC Group, Inc. (the "Company") Class A common stock, par value $0.01 per share ("Common Stock") to the Company in an exempt transaction pursuant to Rule 16b-3. The sale price per share was the closing price of the Class A common stock on August 8, 2024. The transaction was approved by the Audit Committee of the Company and was pursuant to its stock buyback authorization. (F2) Includes 14,506 Restricted Stock Units ("RSUs") granted pursuant to the BGC Group, Inc. Long Term Incentive Plan. Each RSU represents a contingent right to receive one share of Common Stock. 6,632 RSUs will vest on December 30, 2024. 3,937 RSUs will vest on November 14, 2024 and 3,937 RSUs will vest on November 14, 2025, in each case provided that the reporting person continues to serve as a member of the Board of Directors of the Issuer on such dates. |
| 2 | Common | Class A Common Stock, par value $0.01 per share | 2024-08-09 | S | D | 43,893 | $9.02 | 14,506 | D | — | — | (F2) Includes 14,506 Restricted Stock Units ("RSUs") granted pursuant to the BGC Group, Inc. Long Term Incentive Plan. Each RSU represents a contingent right to receive one share of Common Stock. 6,632 RSUs will vest on December 30, 2024. 3,937 RSUs will vest on November 14, 2024 and 3,937 RSUs will vest on November 14, 2025, in each case provided that the reporting person continues to serve as a member of the Board of Directors of the Issuer on such dates. |