Form 4 for VIRT Virtu Financial, Inc.
Accepted 2023-01-26 00:00:00 ET · period of report 2023-01-24 · accession 0001592386-23-000006 · 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 | 2023-01-26 | 2023-01-24 | VIRT | Molluso Joseph | Co-Pres, Co-COO | F - Tax | — | -29.8K | 316.8K | -9% | — |
| D | 2023-01-26 | 2023-01-24 | VIRT | Molluso Joseph | Co-Pres, Co-COO | M - OptEx | — | +66.7K | 346.5K | +24% | — |
| D | 2023-01-26 | 2023-01-24 | VIRT | Molluso Joseph | Co-Pres, Co-COO | M - OptEx | $0.00 | -66.7K | 42.5K | -61% | $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 | 2023-01-24 | F | D | 29,751 | — | 316,769 | 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. |
| 2 | Common | Class A common stock | 2023-01-24 | M | A | 66,666 | — | 346,520 | 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. |
| 3 | Derivative | Restricted Stock Unit | 2023-01-24 | M | D | 66,666 | $0.00 | 42,475 | D | — · — to — | 66,666 Class A common stock | (F5) 18,084 of the RSUs vest in two equal installments on February 1, 2023 and February 1, 2024 and 24,391 of the RSUs vest in three equal installments on February 3, 2023, February 3, 2024 and February 3, 2025. (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 24, 2023. |