David P. Richards - 22 Nov 2021 Form 4 Insider Report for BGC Partners, Inc. (BGC)

Role: Director
Signature: /s/ David Richards
Issuer symbol: BGC
Transactions as of: 22 Nov 2021
Net transactions value: $0
Form type: 4
Filing time: 24 Nov 2021, 05:32:53 UTC
Next filing: 30 Dec 2022
SEC: View on sec.gov

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	+10,661	+27%	$0.000000	49,514	22 Nov 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.

Content

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.

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.