Joseph Molluso - Feb 3, 2025 Form 4 Insider Report for Virtu Financial, Inc. (VIRT)

Role
Co-President & Co-COO
Signature
Justin Waldie, as Attorney-in-Fact
Stock symbol
VIRT
Transactions as of
Feb 3, 2025
Transactions value $
$0
Form type
4
Date filed
2/5/2025, 08:19 PM
Previous filing
Feb 4, 2025
Next filing
Feb 6, 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding VIRT Class A common stock 423K Feb 3, 2025 Direct

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
transaction VIRT Restricted Stock Unit Options Exercise $0 -8.13K -8.92% $0.00 83.1K Feb 3, 2025 Class A common stock 8.13K Direct F1, F2
transaction VIRT Restricted Stock Unit Options Exercise $0 -11.6K -13.95% $0.00 71.5K Feb 3, 2025 Class A common stock 11.6K Direct F1, F3
transaction VIRT Deferred Stock Unit Options Exercise $0 +8.13K +10.36% $0.00 86.6K Feb 3, 2025 Class A common stock 8.13K Direct F4, F5
transaction VIRT Deferred Stock Unit Options Exercise $0 +11.6K +13.38% $0.00 98.2K Feb 3, 2025 Class A common stock 11.6K Direct F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 The RSUs vested February 3, 2025.
F3 The RSUs vest in equal annual installments on February 3, 2025 and February 3, 2026.
F4 Deferred Stock Units ("DSU") credited to the reporting person under the Virtu Financial, Inc. Deferred Compensation Plan, effective November 13, 2020, for Restricted Stock Units ("RSUs") granted under the Issuer's Amended and Restated 2015 Management Incentive Plan. Each DSU is economically equivalent to one share of Class A common stock.
F5 The DSUs credited under the Deferred Compensation Plan are generally payable in the form elected or provided under the Deferred Compensation Plan on the earlier of: (i) a separation from service, (ii) a specified date, or (iii) a change in control.