Form 4 for VIRT Virtu Financial, Inc.
Accepted 2022-02-07 00:00:00 ET · period of report 2021-08-12 · accession 0001592386-22-000034 · 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 | Galvin Sean | CFO | F - Tax | — | -1,689 | 7,407 | -19% | — |
| D | 2022-02-07 | 2022-02-03 | VIRT | Galvin Sean | CFO | A - Grant | — | +4,684 | 9,096 | +106% | — |
| D | 2022-02-07 | 2021-08-12 | VIRT | Galvin Sean | CFO | M - OptEx | — | +4,412 | 4,412 | New | — |
| D | 2022-02-07 | 2021-08-12 | VIRT | Galvin Sean | CFO | M - OptEx | $0.00 | -4,412 | 8,824 | -33% | $0 |
| D | 2022-02-07 | 2022-02-03 | VIRT | Galvin Sean | CFO | A - Grant | $0.00 | +7,024 | 15.8K | +80% | $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 | 1,689 | — | 7,407 | D | — | — | (F3) 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 | 4,684 | — | 9,096 | D | — | — | (F2) 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 | Common | Class A common stock | 2021-08-12 | M | A | 4,412 | — | 4,412 | 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 | Derivative | Restricted Stock Unit | 2021-08-12 | M | D | 4,412 | $0.00 | 8,824 | D | — · — to — | 4,412 Class A common stock | (F4) 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 August 12, 2021. |
| 5 | Derivative | Restricted Stock Unit | 2022-02-03 | A | A | 7,024 | $0.00 | 15,848 | D | — · — to — | 7,024 Class A common stock | (F8) 8,824 of the RSUs vest in two equal annual installments on August 12, 2022 and August 12, 2023. (F6) 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. (F7) The RSUs vest in three equal installments on February 3, 2023, February 3, 2024, and February 3, 2025. |