| Name | Relationship | Address | Signature | Signature date | CIK |
|---|---|---|---|---|---|
| LUTNICK HOWARD W | Director, 10%+ Owner | C/O BGC GROUP, INC., 499 PARK AVENUE, NEW YORK | /s/ Howard W. Lutnick | 19 May 2025 | 0001250975 |
| 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 | Disposed to Issuer | -$51.7M | -5.62M | -100% | $9.21 | 0 | 16 May 2025 | Direct | F1, F2, F3 |
| transaction | BGC | Class A Common Stock, par value $0.01 per share | Disposed to Issuer | -$96.7M | -10.5M | -87.07% | $9.21 | 1.56M | 16 May 2025 | See footnotes | F1, F2, F3, F4, F5, F6, F7, F10 |
| holding | BGC | Class B Common Stock, par value $0.01 per share | 8.97M | 16 May 2025 | Direct | F8 | |||||
| holding | BGC | Class B Common Stock, par value $0.01 per share | 100M | 16 May 2025 | See footnotes | F8, F9, F10 |
| Id | Content |
|---|---|
| F1 | On May 16, 2025, BGC Group, Inc. (the "Company") repurchased an aggregate of 16,115,102 shares of Class A common stock, par value $0.01 per share ("Class A Common Stock"), from the reporting person, consisting of (i) 5,616,612 shares held directly by the reporting person, and (ii) 10,498,490 shares in which the reporting person has an indirect pecuniary interest, including (a) 10,489,582 shares held in his personal asset trust, of which he is the sole trustee and (b) 8,908 shares of Class A Common Stock held by the Howard W. Lutnick Family Trust, of which he is sole trustee, to the Company in transactions exempt pursuant to Rule 16b-3 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"). The sale price per share was the three-day volume weighted average price of a share of the Class A Common Stock on the Nasdaq Global Select Market on May 14, May 15, and May 16, 2025. |
| F2 | (Continued from Footnote 1) The transactions were approved by the Audit Committee of the Company and were made pursuant to the Company's existing stock repurchase authorization. |
| F3 | As previously reported, the reporting person stepped down from his positions with the Company, including as a director, but solely for purposes of Section 16 of the Exchange Act may continue to be deemed a "director by deputization," until the closing of the divestiture transactions in Cantor Fitzgerald, L.P. ("CFLP"). |
| F4 | As previously reported, the reporting person stepped down as the managing member of LFA LLC ("LFA") and no longer has a reportable pecuniary interest in the shares held by LFA. 5,548 shares of Class A Common Stock and 26,052 shares of Class B Common Stock, par value $0.01 per share ("Class B Common Stock"), were previously reported under the reporting person's indirect pecuniary interest in relation to LFA. The reporting person disclaims beneficial ownership of such shares. |
| F5 | As previously reported, the reporting person and his spouse stepped down as trustees for and no longer have reportable pecuniary interests in the shares held by various family and descendant trusts. 530,540 shares of Class A Common Stock were previously reported under the reporting person's indirect pecuniary interest in relation to family trusts and 792,598 shares of Class A Common Stock were previously reported under the reporting person's indirect pecuniary interest in relation to descendant trusts. The reporting person disclaims beneficial ownership of such shares. |
| F6 | The reporting person previously reported 20,557 shares held in custodial accounts under the Uniform Gifts to Minors Act for certain members of his family who have reached the age of majority and do not live in the reporting person's household, and are therefore no longer disclosable by the reporting person. The reporting person disclaims beneficial ownership of such shares. |
| F7 | The reporting person's indirect pecuniary interest in 1,559,403 shares of Class A Common Stock consists of (i) 600,938 shares held by KBCR Management Partners, LLC ("KBCR"), (ii) 293,049 held in a Keogh retirement account, (iii) 34,921 held in other retirement accounts, (iv) 9,778 shares held in retirement accounts for the reporting person's spouse, and (v) 620,717 shares of Class A Common Stock held in the reporting person's 401(k) account as May 1, 2025. |
| F8 | The shares of Class B Common Stock are convertible at any time on a one-for-one basis (subject to adjustment) into shares of Class A Common Stock. |
| F9 | Consists of (i) 93,340,477 shares of Class B Common Stock held by CFLP, (ii) 2,972,524 shares of Class B Common Stock held by CF Group Management, Inc. ("CFGM"), (iii) 2,335,967 shares of Class B Common Stock held by KBCR, and (iv) 1,610,182 shares of Class B Common Stock held by Tangible Benefits, LLC, a limited liability company (the "Tangible Benefits"). |
| F10 | CFGM is the Managing General Partner of CFLP, and the reporting person is the trustee of an entity that is the sole stockholder of CFGM. KBCR is a non-managing General Partner of CFLP, and the reporting person is the sole voting member of KBCR through a trust. The reporting person is the sole voting member of Tangible Benefits through a trust. The reporting person disclaims beneficial ownership of all securities held by CFLP, CFGM, KBCR, and Tangible Benefits in excess of his pecuniary interest, if any, and this report shall not be deemed an admission that he is the beneficial owner of, or has pecuniary interest in, any such excess securities for purposes of Section 16 of the Exchange Act, or for any other purpose. |