Stephen Cavoli - 03 May 2022 Form 4 Insider Report for Virtu Financial, Inc. (VIRT)

Role
EVP
Signature
/s/ Justin Waldie, as Attorney-in-Fact
Issuer symbol
VIRT
Transactions as of
03 May 2022
Transactions value $
-$2,619,201
Form type
4
Filing time
05 May 2022, 20:27:54 UTC
Previous filing
07 Feb 2022
Next filing
26 Jan 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VIRT Class A common stock Sale -$576,094 -20,000 -12% $28.8 143,277 03 May 2022 Direct F1
transaction VIRT Class A common stock Sale -$606,293 -20,696 -14% $29.3 122,581 04 May 2022 Direct F2
transaction VIRT Class A common stock Sale -$569,873 -19,304 -16% $29.52 103,277 04 May 2022 Direct F3
transaction VIRT Class A common stock Sale -$866,940 -30,000 -29% $28.9 73,277 05 May 2022 Direct F4

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding VIRT Restricted Stock Unit 51,360 03 May 2022 Class A common stock 51,360 Direct F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction was executed in multiple trades at prices ranging from $28.65 to $29.02. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F2 This transaction was executed in multiple trades at prices ranging from $28.61 to $29.475. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F3 This transaction was executed in multiple trades at prices ranging from $29.48 to $29.64. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F4 This transaction was executed in multiple trades at prices ranging from $28.58 to $29.52. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F5 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.
F6 9,970 of the RSUs vest on January 24, 2023. 16,999 of the RSUs vest in two installments on February 1, 2023 and February 1, 2024. 4. 24,391 of the RSUSs vest in three equal installments on February 3, 2023, February 3, 2024, and February 3, 2025.