Filing Details
- Accession Number:
- 0001094831-10-000040
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2010-10-04 16:04:13
- Reporting Period:
- 2010-09-30
- Filing Date:
- 2010-10-04
- Accepted Time:
- 2010-10-04 16:04:13
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1094831 | Bgc Partners Inc. | BGCP | Security & Commodity Brokers, Dealers, Exchanges & Services (6200) | 134063515 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1250975 | W Howard Lutnick | C/O Bgc Partners, Inc. 499 Park Avenue New York NY 10022 | Chairman And Ceo | Yes | Yes | Yes | No |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Class A Common Stock, Par Value $0.01 Per Share | Acquisiton | 2010-09-30 | 87,817 | $5.95 | 6,684,431 | No | 4 | P | Indirect | See footnotes |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | P | Indirect | See footnotes |
Reported Non-Derivative Holdings
Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
---|---|---|---|
Class A Common Stock, Par Value $0.01 Per Share | 8,557,698 | Direct |
Footnotes
- Represents the purchase of 87,817 shares of BGC Partners, Inc. Class A Common Stock, par value $0.01 per share (the "Class A Common Stock"), for a Keogh retirement account for the benefit of the reporting person.
- The 6,684,431 shares of Class A Common Stock consist of (i) 388,812 shares of Class A Common Stock held by CF Group Management, Inc. ("CFGM") from Cantor Fitzgerald, L.P. ("CFLP"), (ii) 2,050,197 shares of Class A Common Stock represented by deferred stock distributions receivable by CFGM, (iii) 199,260 shares of Class A Common Stock held by trust accounts for the benefit of the reporting person and members of his immediate family, (iv) 1,610,182 shares of Class A Common Stock represented by deferred stock distributions receivable by a trust for the benefit of members of the reporting person's immediate family from CFLP, (v) 9,743 shares of Class A Common Stock held in custodial accounts for the benefit of certain members of the reporting person's family under the Uniform Gifts to Minors Act, (vi) 23,780 shares of Class A Common Stock represented by deferred stock distributions receivable by the reporting person's spouse from CFLP, (continue to footnote 3)
- (vii) 437 shares held in the reporting person's spouse's individual retirement account, (viii) 2,048,000 shares of Class A Common Stock represented by deferred stock distributions receivable by KBCR Management Partners, LLC ("KBCR") from CFLP, (ix) 249,688 shares of Class A Common Stock held in the reporting person's 401(k) account, (x) 16,515 shares of Class A Common Stock held in the reporting person's individual retirement account, and (xi) 87,817 shares held in the reporting person's Keogh retirement account.
- Does not include 1,257,448 shares of Class A Common Stock acquired by CFLP upon exercise of exchange rights with respect to 1,257,448 BGC Holdings, L.P. Exchangeable Limited Partnership Interests ("Interests") because such 1,257,448 shares of Class A Common Stock were assumed in previous reports to have been distributed in connection with CFLP's deferred stock distribution obligations provided to certain current and former partners of CFLP on April 1, 2008.
- CFGM is the Managing General Partner of CFLP, and the reporting person is the President and sole stockholder of CFGM. KBCR is a non-managing General Partner of CFLP, and the reporting person is the managing member of KBCR. The reporting person disclaims beneficial ownership of all such shares 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 shares for purposes of Section 16 of the Securities Exchange Act of 1934 or for any other purpose.