| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | VIRT | Class A common stock | Sale | $2,688,440 | -72,967 | -45% | $36.84 | 90,749 | 12 Feb 2025 | Direct | F1 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| holding | VIRT | Restricted Stock Unit | 94,065 | 12 Feb 2025 | Class A common stock | 94,065 | Direct | F2, F3 | ||||||
| holding | VIRT | Non-voting common interest units of Virtu Financial LLC | 10,930 | 12 Feb 2025 | Class A common stock | 10,930 | See footnote | F4, F5 |
| Id | Content |
|---|---|
| F1 | The price reported in Column 4 is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $36.66 to $37.25, inclusive. The reporting person undertakes to provide to the staff of the Securities and Exchange Commission, to any security holder of Virtu Financial, Inc., or to Virtu Financial, Inc., upon request, full information regarding the number of shares sold at each separate price within the range set forth above. |
| 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 | 22,592 of the RSUs vest in three equal installments on February 4, 2026, February 4, 2027 and February 4, 2028; 22,385 of the RSUs vest in two equal installments on February 2, 2026 and February 2, 2027; 37,500 of the RSUs vest on January 31, 2026; and 11,588 of the RSUs vest on February 3, 2026. |
| F4 | Pursuant to the terms of the Exchange Agreement, effective as of April 15, 2015, by and among the Issuer, Virtu Financial LLC and the equityholders of Virtu Financial LLC (the "Exchange Agreement"), Virtu Financial Units, together with a corresponding number of shares of Class C Common Stock, may be exchanged for shares of Class A common stock of the Issuer, which have one vote per share and economic rights (including rights to dividends and distributions upon liquidation), on a one-for-one basis at the discretion of the holder. The exchange rights under the Exchange Agreement do not expire. |
| F5 | By Virtu Employee Holdco LLC, a holding vehicle through which employees and directors of the Issuer hold vested and unvested Virtu Financial Units and shares of Class C Common Stock. The reporting person disclaims beneficial ownership in such Virtu Financial Units and shares held by Virtu Employee Holdco LLC except to the extent of his pecuniary interest therein. |