Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | VIRT | Class A common stock | Options Exercise | +37.5K | +10.47% | 396K | Jan 31, 2024 | Direct | F1 | ||
transaction | VIRT | Class A common stock | Tax liability | -20K | -5.06% | 376K | Jan 31, 2024 | Direct | F2 | ||
transaction | VIRT | Class A common stock | Options Exercise | +9.04K | +2.41% | 385K | Feb 1, 2024 | Direct | F3 | ||
transaction | VIRT | Class A common stock | Tax liability | -5K | -1.3% | 380K | Feb 1, 2024 | Direct | F2 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | VIRT | Restricted Stock Unit | Award | $0 | +37.5K | +62.43% | $0.00 | 97.6K | Jan 31, 2024 | Class A common stock | 37.5K | Direct | F4, F5 | |
transaction | VIRT | Restricted Stock Unit | Options Exercise | $0 | -9.04K | -9.27% | $0.00 | 88.5K | Feb 1, 2024 | Class A common stock | 9.04K | Direct | F6, F7 | |
holding | VIRT | Deferred Stock Unit | 47.6K | Jan 31, 2024 | Class A common stock | 47.6K | Direct | F8, F9 |
Id | Content |
---|---|
F1 | 37,500 shares of Class A common stock were earned as a result of the Issuer's achievement of associated performance objective for 2023. The restricted shares are granted under the Issuer's Amended and Restated 2015 Management Incentive pursuant to the Amended and Restated Employment Agreement between the Issuer and Mr. Joseph Molluso. |
F2 | Shares of Class A common stock withheld for tax by the Issuer in accordance with the Issuer's Amended and Restated 2015 Management Incentive Plan |
F3 | 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 |
F4 | 37,500 RSUs were earned as a result of the Issuer's achievement of associated performance objective for 2023. 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. |
F5 | The RSUs vest on January 31, 2025. |
F6 | 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. |
F7 | The RSUs vest in three equal annual installments on February 1, 2022, February 1, 2023, and February 1, 2024. |
F8 | Deferred Stock Units ("DSU") credited to the reporting person under the Virtu Financial, Inc. Deferred Compensation Plan, effective November 13, 2020, for Restricted Stock Units ("RSUs") granted under the Issuer's Amended and Restated 2015 Management Incentive Plan. Each DSU is economically equivalent to one share of Class A common stock. |
F9 | The DSUs credited under the Deferred Compensation Plan are generally payable in the form elected or provided under the Deferred Compensation Plan on the earlier of: (i) a separation from service, (ii) a specified date, or (iii) a change in control. |