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