Joseph Molluso - 24 Jan 2022 Form 4 Insider Report for Virtu Financial, Inc. (VIRT)

Signature
Justin Waldie, as Attorney-in-Fact
Issuer symbol
VIRT
Transactions as of
24 Jan 2022
Net transactions value
$0
Form type
4
Filing time
25 Jan 2022, 19:14:20 UTC
Previous filing
04 Jan 2022
Next filing
03 Feb 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VIRT Class A common stock Options Exercise +66,667 +32% 275,813 24 Jan 2022 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction VIRT Restricted Stock Unit Options Exercise $0 -66,667 -42% $0.000000 93,792 24 Jan 2022 Class A common stock 66,667 Direct F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares of Class A common stock issued in settlement of vested restricted stock units ("RSUs") granted under the Issuer's Amended and Restated 2015 Management Incentive Plan.
F2 Each RSU is granted under the Issuer's Amended and Restated 2015 Management Incentive Plan and represents a contingent right to receive one share of Class A common stock of the Issuer.
F3 The RSUs vested on January 24, 2022.
F4 27,126 of the RSUs vest in three equal annual installments on February 1, 2022, February 1, 2023, and February 1, 2024. 66,666 of the RSUs vest on January 24, 2023.