| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | BGC | Class A Common Stock, par value $0.01 per share | Award | +73.1K | +11.4% | 714K | Apr 1, 2025 | Direct | F1 | ||
| transaction | BGC | Class A Common Stock, par value $0.01 per share | Tax liability | -$52.1K | -5.65K | -0.79% | $9.22 | 709K | Apr 1, 2025 | Direct | F2, F3, F4 |
| Id | Content |
|---|---|
| F1 | On April 1, 2025, BGC Group, Inc. (the "Company") granted the reporting person 73,098 restricted stock units ("RSU-LLPs") under the BGC Group, Inc. Long Term Incentive Plan. Each RSU-LLP represents a contingent right to receive one share of the Company's Class A common stock, par value $0.01 ("Class A Common Stock"). The RSU-LLPs will vest on April 1, 2028, provided that the reporting person remains a member of and in good standing with BGC Services (Holdings) LLP, a wholly owned subsidiary of the Company, through the vesting date and contingent upon the Company generating at least $5 million in gross revenues for the quarter in which the vesting occurs. The grant was approved by the Compensation Committee of the Board of Directors of the Company and is exempt pursuant to Rule 16b-3 under the Securities Exchange Act of 1934, as amended. |
| F2 | On April 1, 2025, pursuant to the vesting schedule of the restricted stock units ("RSUs") previously granted to the reporting person, which each represent a contingent right to receive one share of Class A Common Stock of the Company, 12,019 RSUs became vested and issuable as Class A Common Stock to the reporting person. The reported transaction involved the withholding by the Company of 5,649 shares of Class A Common Stock for taxes. The remaining 6,370 shares of Class A Common Stock were issued to the reporting person. |
| F3 | Also includes (i) 239,990 shares of Class A Common Stock, (ii) 210,037 RSUs which will vest on July 1, 2033, provided that the reporting person remains employed through such vesting date, and contingent upon the Company generating at least $5 million in revenue for the quarter in which the vesting occurs, |
| F4 | (continued from Footnote 3) (iii) 48,076 RSUs which will vest ratably on each of April 1, 2026, 2027, 2028 and 2029 provided that the reporting person is still substantially providing services exclusively for the Company or any of its affiliates through the applicable vesting date, and contingent upon the Company generating at least $5 million in gross revenues for the quarter in which the vesting occurs, and (iv) 131,053 RSU-LLPs that will vest on April 1, 2027, provided that the reporting person remains a member of and in good standing with BGC Services (Holdings) LLP through the vesting date and contingent upon the Company generating at least $5 million in gross revenues for the quarter in which the vesting occurs. |