4//SEC Filing
MERKEL STEPHEN M 4
Accession 0001437749-24-010366
CIK 0001094831other
Filed
Mar 31, 8:00 PM ET
Accepted
Apr 1, 4:09 PM ET
Size
7.5 KB
Accession
0001437749-24-010366
Insider Transaction Report
Form 4
MERKEL STEPHEN M
EVP, GC and Secretary
Transactions
- Award
Class A Common Stock, par value $0.01 per share
2024-04-01+77,106→ 86,724 total
Holdings
- 6,258(indirect: By Trust)
Class A Common Stock, par value $0.01 per share
- 44,150(indirect: By 401(k))
Class A Common Stock, par value $0.01 per share
Footnotes (4)
- [F1]On April 1, 2024, the BGC Group, Inc. (the "Company") granted the reporting person 77,106 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 the Company's Class A common stock, par value $0.01 ("Class A Common Stock"). The RSUs shall vest ratably one-fifth (1/5th) on each of the first (1st) through fifth (5th) anniversaries of the grant date, provided that the reporting person is still substantially providing services exclusively for the Company or any of its affiliates through the applicable vesting date, and contingent upon the Company generating at least $5 million in gross revenues for the quarter in which the vesting occurs. The grant was approved by the Compensation Committee of the Board of Directors of the Company and is exempt pursuant to Rule 16b-3 under the Securities Exchange Act of 1934, as amended.
- [F2]Also includes 9,618 shares of Class A Common Stock held directly by the reporting person.
- [F3]Represents shares of Class A Common Stock held in trusts for the benefit of the reporting person's immediate family, of which the reporting person's spouse is the sole trustee of each trust.
- [F4]Represents shares of Class A Common Stock held in the reporting person's 401(k) account as of March 1, 2024.
Documents
Issuer
BGC Group, Inc.
CIK 0001094831
Entity typeother
Related Parties
1- filerCIK 0001251144
Filing Metadata
- Form type
- 4
- Filed
- Mar 31, 8:00 PM ET
- Accepted
- Apr 1, 4:09 PM ET
- Size
- 7.5 KB