ARTHUR U. MBANEFO - 30 Dec 2022 Form 4 Insider Report for BGC Partners, Inc. (BGC)

Role
Director
Signature
/s/ Arthur U. Mbanefo
Issuer symbol
BGC
Transactions as of
30 Dec 2022
Net transactions value
$0
Form type
4
Filing time
30 Dec 2022, 16:15:35 UTC
Previous filing
23 Nov 2021
Next filing
03 Jul 2023

Transactions Table

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 $0 +13,263 +56% $0.000000 36,745 30 Dec 2022 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The 13,263 shares of Class A Common Stock are represented by 13,263 restricted stock units ("RSUs") granted under the BGC Partners, Inc. Eighth Amended and Restated Long Term Incentive Plan. Each RSU represents a contingent right to receive one share of Class A Common Stock. Of the 13,263 RSUs, 6,631 RSUs will vest on December 30, 2023 and 6,632 RSUs will vest on December 30, 2024, provided that the reporting person continues to serve as a member of the Board of Directors of the Issuer on such dates.
F2 Includes 6,410 RSUs granted on October 5, 2021 which will vest on October 5, 2023, provided that the reporting person continues to serve as a member of the Board of Directors of the Issuer on such dates.