Arthur U. Mbanefo - Nov 22, 2021 Form 4 Insider Report for BGC Partners, Inc. (BGCP)

Role
Director
Signature
/s/ Arthur U. Mbanefo
Stock symbol
BGCP
Transactions as of
Nov 22, 2021
Transactions value $
$0
Form type
4
Date filed
11/23/2021, 03:12 PM
Previous filing
Oct 25, 2021
Next filing
Dec 30, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BGCP Class A Common Stock, par value $0.01 per share Award $0 +10.7K +83.15% $0.00 23.5K Nov 22, 2021 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The 10,661 shares of Class A Common Stock are represented by 10,661 restricted stock units ("RSUs") granted under the BGC Partners, Inc. Eighth Amended and Restated Long Term Incentive Plan. Each RSU represents a contingent right to receive one share of Class A Common Stock. Of the 10,661 RSUs, 5,331 RSUs will vest on November 22, 2022 and 5,330 RSUs will vest on November 22, 2023, provided that the reporting person continues to serve as a member of the Board of Directors of the Issuer on such dates.
F2 Includes 12,821 RSUs granted on October 5, 2021, of which 6,411 RSUs will vest on October 5, 2022 and 6,410 RSUs will vest on October 5, 2023, provided that the reporting person continues to serve as a member of the Board of Directors of the Issuer on such dates.