Form 4 for VIRT Virtu Financial, Inc.
Accepted 2022-02-07 00:00:00 ET · period of report 2022-02-03 · accession 0001592386-22-000031 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2022-02-07 | 2022-02-03 | VIRT | Cavoli Stephen | EVP | F - Tax | — | -8,302 | 163.3K | -5% | — |
| D | 2022-02-07 | 2022-02-03 | VIRT | Cavoli Stephen | EVP | A - Grant | — | +16.3K | 171.6K | +10% | — |
| D | 2022-02-07 | 2022-02-03 | VIRT | Cavoli Stephen | EVP | A - Grant | $0.00 | +24.4K | 51.4K | +90% | $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 | 2022-02-03 | F | D | 8,302 | — | 163,277 | D | — | — | (F2) Shares of Class A common stock withheld for tax by the Issuer in accordance with the Issuer's Amended and Restated 2015 Management Incentive Plan. |
| 2 | Common | Class A common stock | 2022-02-03 | A | A | 16,262 | — | 171,579 | D | — | — | (F1) Shares of Class A common stock granted under the Issuer's Amended and Restated 2015 Management Incentive Plan based on the volume weighted average price of the Issuer's Class A common stock on the three trading days preceding the grant date of 30.7486. |
| 3 | Derivative | Restricted Stock Unit | 2022-02-03 | A | A | 24,391 | $0.00 | 51,360 | D | — · — to — | 24,391 Class A common stock | (F5) 9,970 of the RSUs vest on January 24, 2023. 16,999 of the RSUs vest in two installments on February 1, 2023 and February 1, 2024. (F3) Each Restricted Stock Unit ("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 vest in three equal installments on February 3, 2023, February 3, 2024, and February 3, 2025. |