0001437749-20-016191.txt : 20200731 0001437749-20-016191.hdr.sgml : 20200731 20200731173238 ACCESSION NUMBER: 0001437749-20-016191 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20200730 FILED AS OF DATE: 20200731 DATE AS OF CHANGE: 20200731 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: MERKEL STEPHEN M CENTRAL INDEX KEY: 0001251144 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-28191 FILM NUMBER: 201067054 MAIL ADDRESS: STREET 1: C/O BGC PARTNERS, INC. STREET 2: 499 PARK AVENUE CITY: NEW YORK STATE: NY ZIP: 10022 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: BGC Partners, Inc. CENTRAL INDEX KEY: 0001094831 STANDARD INDUSTRIAL CLASSIFICATION: SECURITY & COMMODITY BROKERS, DEALERS, EXCHANGES & SERVICES [6200] IRS NUMBER: 134063515 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 499 PARK AVENUE CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: 212-610-2200 MAIL ADDRESS: STREET 1: 499 PARK AVENUE CITY: NEW YORK STATE: NY ZIP: 10022 FORMER COMPANY: FORMER CONFORMED NAME: ESPEED INC DATE OF NAME CHANGE: 19990913 4 1 rdgdoc.xml FORM 4 X0306 4 2020-07-30 0001094831 BGC Partners, Inc. BGCP 0001251144 MERKEL STEPHEN M C/O BGC PARTNERS, INC. 499 PARK AVENUE NEW YORK NY 10022 1 EVP and General Counsel BGC Holdings Exchangeable Limited Partnership Interests 2020-07-30 4 D 0 174765 D Class A common stock, par value $0.01 per share 174765 0 D On March 2, 2020, BGC Partners, Inc. (the "Company") granted the reporting person 360,065 exchange rights with respect to 360,065 non-exchangeable limited partnership interests of BGC Holdings, L.P. ("BGC Holdings") that were previously granted to the reporting person. The resulting 360,065 exchangeable limited partnership interests of BGC Holdings were immediately exchangeable by the reporting person for an aggregate of 360,065 shares of Class A common stock, par value $0.01 per share, of the Company ("Class A common stock"). The grant was approved by the Compensation Committee of the Board of Directors of the Company (the "Compensation Committee") and was exempt pursuant to Rule 16b-3 under the Securities Exchange Act of 1934, as amended (the "Exchange Act"). As previously reported, on March 20, 2020, the Company repurchased 185,300 of such 360,065 exchangeable limited partnership interests of BGC Holdings held by the reporting person.The transaction was approved by the Compensation (continued from footnote 1) Committee and is exempt pursuant to Rule 16b-3 under the Exchange Act. On July 30, 2020, the Company repurchased the remaining 174,765 exchangeable limited partnership interests of BGC Holdings held by the reporting person at a price of $2.76, the closing price of the Class A common stock on July 30, 2020. The transaction was approved by the Compensation Committee and is exempt pursuant to Rule 16b-3 under the Exchange Act. /s/ Stephen M. Merkel 2020-07-31