InsiderTrades

Form 4 for VIRT Virtu Financial, Inc.

Accepted 2022-02-15 00:00:00 ET · period of report 2021-07-13 · accession 0001592386-22-000038 · 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 2022-02-15 2021-07-13+ VIRT Virtu Employee Holdco LLC Dir, 10%, See Remarks D - Sale to Iss — -326.1K 4.65M -7% —
DM 2022-02-15 2021-07-13+ VIRT Virtu Employee Holdco LLC Dir, 10%, See Remarks D - Sale to Iss — -326.1K 4.65M -7% —

Purchase Sale Sale after option exercise All abbreviations

Every reported transaction

#TableSecurityDateCodeA/DSharesPriceOwned afterOwnExercise / expiryUnderlyingFootnotes
1 Common Class C common stock 2022-02-11 D D 318,410 — 4,327,104 D — — (F2) Virtu Financial Units and corresponding shares of Class C Common Stock were distributed to electing employees and then exchanged for shares of Class A Common Stock in accordance with the terms of the Exchange Agreement (as defined in Footnote 4).
2 Common Class C common stock 2021-07-13 D D 7,661 — 4,645,514 D — — (F1) Virtu Financial LLC repurchased Virtu Financial Units held by the reporting person on behalf of one or more former employees or directors, and the corresponding shares of Class C Common Stock were repurchased for nominal consideration.
3 Derivative Non-voting common interest units of Virtu Financial LLC 2022-02-11 D D 318,410 — 4,327,104 D — · — to — 318,410 Class A common stock (F4) Pursuant to the terms of the Exchange Agreement, effective as of April 15, 2015, by and among the Issuer, Virtu Financial LLC and the equityholders of Virtu Financial LLC (the "Exchange Agreement"), Virtu Financial Units, together with a corresponding number of shares of Class C Common Stock, may be exchanged for shares of Class A Common Stock, which have one vote per share and economic rights (including rights to dividends and distributions upon liquidation), on a one-for-one basis at the discretion of the holder. The exchange rights under the Exchange Agreement do not expire.
4 Derivative Non-voting common interest units of Virtu Financial LLC 2021-07-13 D D 7,661 — 4,645,514 D — · — to — 7,661 Class A common stock (F3) Pursuant to the terms of Virtu Financial LLC's operating agreement, Virtu Financial LLC may repurchase Virtu Financial Units held by the reporting person on behalf of an employee or director upon such person's departure from the Company.