ARTHUR U. MBANEFO - 14 Nov 2023 Form 4 Insider Report for BGC Group, Inc. (BGC)

Role
Director
Signature
/s/ Arthur U. Mbanefo
Issuer symbol
BGC
Transactions as of
14 Nov 2023
Net transactions value
$0
Form type
4
Filing time
16 Nov 2023, 16:10:44 UTC
Previous filing
03 Jul 2023
Next filing
18 Sep 2024

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 +7,874 +21% $0.000000 44,619 14 Nov 2023 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The 7,874 shares of Class A Common Stock are represented by 7,874 restricted stock units ("RSUs") granted under the BGC Group, Inc. Long Term Incentive Plan. Each RSU represents a contingent right to receive one share of Class A Common Stock. Of the 7,874 RSUs, (i) 3,937 RSUs will vest on November 14, 2024, and (ii) 3,937 RSUs will vest on November 14, 2025, in each case provided that the reporting person continues to serve as a member of the Board of Directors of the Issuer on such dates.
F2 Also includes 18,594 RSUs granted pursuant to the BGC Group, Inc. Long Term Incentive Plan of which 6,631 RSUs will vest on December 30, 2023, 6,632 RSUs will vest on December 30, 2024 and 5,331 RSUs granted on November 22, 2021 which will vest on November 22, 2023, in each case provided that the reporting person continues to serve as a member of the Board of Directors of the Issuer on such dates.
F3 Also includes 18,151 shares of Class A Common Stock held directly.