Form 4 for VIRT Virtu Financial, Inc.
Accepted 2022-01-25 00:00:00 ET · period of report 2022-01-23 · accession 0001592386-22-000013 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2022-01-25 | 2022-01-23+ | VIRT | Cavoli Stephen | EVP | M - OptEx | — | +12.4K | 145.8K | +9% | — |
| DM | 2022-01-25 | 2022-01-23+ | VIRT | Cavoli Stephen | EVP | F - Tax | — | -4,629 | 151.2K | -3% | — |
| DM | 2022-01-25 | 2022-01-23+ | VIRT | Cavoli Stephen | EVP | M - OptEx | $0.00 | -12.4K | 45.4K | -21% | $0 |
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 | 2022-01-24 | M | A | 9,970 | — | 154,842 | D | — | — | (F1) Shares of Class A common stock issued in settlement of vested restricted stock units ("RSUs") granted under the Issuer's Amended and Restated 2015 Management Incentive Plan. |
| 2 | Common | Class A common stock | 2022-01-23 | F | D | 944 | — | 144,872 | D | — | — | (F2) Shares of Class A common stock withheld for tax by the Issuer in relation to the settlement of vested RSUs in accordance with the Issuer's Amended and Restated 2015 Management Incentive Plan. |
| 3 | Common | Class A common stock | 2022-01-23 | M | A | 2,402 | — | 145,816 | D | — | — | (F1) Shares of Class A common stock issued in settlement of vested restricted stock units ("RSUs") granted under the Issuer's Amended and Restated 2015 Management Incentive Plan. |
| 4 | Common | Class A common stock | 2022-01-24 | F | D | 3,685 | — | 151,157 | D | — | — | (F2) Shares of Class A common stock withheld for tax by the Issuer in relation to the settlement of vested RSUs in accordance with the Issuer's Amended and Restated 2015 Management Incentive Plan. |
| 5 | Derivative | Restricted Stock Unit | 2022-01-24 | M | D | 9,970 | $0.00 | 35,468 | D | — · — to — | 9,970 Class A common stock | (F6) 25,498 of the RSUs vest in three installments on February 1, 2022, February 1, 2023, and February 1, 2024. 9,970 of the RSUs vest on January 24, 2023. (F3) Each RSU is granted under the Issuer's Amended and Restated 2015 Management Incentive Plan and represents a contingent right to receive one share of Class A common stock of the Issuer. (F5) The RSUs vested on January 24, 2022. |
| 6 | Derivative | Restricted Stock Unit | 2022-01-23 | M | D | 2,402 | $0.00 | 45,438 | D | — · — to — | 2,402 Class A common stock | (F3) Each RSU is granted under the Issuer's Amended and Restated 2015 Management Incentive Plan and represents a contingent right to receive one share of Class A common stock of the Issuer. (F4) The RSUs vested on January 23, 2022. |