William J. Moran - Nov 22, 2021 Form 4 Insider Report for BGC Partners, Inc. (BGCP)

Role
Director
Signature
/s/ WILLIAM J. MORAN
Stock symbol
BGCP
Transactions as of
Nov 22, 2021
Transactions value $
$0
Form type
4
Date filed
11/23/2021, 04:52 PM

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 +11.71% $0.00 102K 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 8,711 RSUs granted on June 11, 2020, all of which will vest on June 11, 2022, provided that the reporting person continues to serve as a member of the Board of Directors of the Issuer on such date.