Paul J. Brody - 27 Jul 2023 Form 4 Insider Report for Interactive Brokers Group, Inc. (IBKR)

Role
Chief Financial Officer, Director
Signature
/s/ Raymond Bussiere as authorized signatory for Paul J. Brody
Issuer symbol
IBKR
Transactions as of
27 Jul 2023
Transactions value $
$43,425,000
Form type
4
Filing time
31 Jul 2023, 20:17:33 UTC
Previous filing
26 May 2023
Next filing
13 Sep 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IBKR Class A common stock Award $43.4M +500K $86.85 500K 27 Jul 2023 by PJB Holdings LLC F1, F2
holding IBKR Class A common stock 709K 27 Jul 2023 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents number of securities acquired by a limited liability company, owned indirectly by the Reporting Person, in a partial redemption of its interest in IBG Holdings LLC. Such securities were acquired by IBG Holdings LLC from Interactive Brokers Group, Inc. immediately prior to the redemption in exchange for membership interests in IBG LLC.
F2 The per share price provided represents the closing price of the issuer's Class A common stock on 7/27/2023, the date when the exchange described in footnote (1) took place.
F3 This amount includes (a) Class A common stock attributable to vested restricted stock units that were awarded under the amended 2007 Stock Incentive Plan ("Plan") and (b) unvested restricted stock units that were awarded under the Plan.