Linda A. Bell - Apr 18, 2023 Form 4 Insider Report for BGC Partners, Inc. (BGCP)

Role: Director
Signature: /s/ Linda A. Bell
Stock symbol: BGCP
Transactions as of: Apr 18, 2023
Transactions value $: -$99,998
Form type: 4
Date filed: 4/19/2023, 04:12 PM
Previous filing: Dec 30, 2022
Next filing: Jul 3, 2023

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	Disposed to Issuer	-$100K	-21.8K	-38.09%	$4.59	35.4K	Apr 18, 2023	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	On April 18, 2023, the reporting person sold 21,786 shares of Class A common stock to the Company in an exempt transaction pursuant to Rule 16b-3. The sale price per share was the closing price of the Class A common stock on April 18, 2023. The transaction was approved by the Audit Committee of the Company and was pursuant to its stock buyback authorization.
F2	Includes (i) 13,263 restricted stock units ("RSUs") granted on December 30, 2022 of which 6,631 RSUs will vest on December 30, 2023 and 6,632 RSUs will vest on December 30, 2024, and (ii) 5,330 RSUs granted on November 22, 2021, all of which will vest on November 22, 2023, in each case provided that the reporting person continues to serve as a member of the Board of Directors of the Company on such dates.

Content

On April 18, 2023, the reporting person sold 21,786 shares of Class A common stock to the Company in an exempt transaction pursuant to Rule 16b-3. The sale price per share was the closing price of the Class A common stock on April 18, 2023. The transaction was approved by the Audit Committee of the Company and was pursuant to its stock buyback authorization.

Includes (i) 13,263 restricted stock units ("RSUs") granted on December 30, 2022 of which 6,631 RSUs will vest on December 30, 2023 and 6,632 RSUs will vest on December 30, 2024, and (ii) 5,330 RSUs granted on November 22, 2021, all of which will vest on November 22, 2023, in each case provided that the reporting person continues to serve as a member of the Board of Directors of the Company on such dates.