0001179110-18-005640.txt : 20180413
0001179110-18-005640.hdr.sgml : 20180413
20180413181407
ACCESSION NUMBER: 0001179110-18-005640
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20170911
FILED AS OF DATE: 20180413
DATE AS OF CHANGE: 20180413
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Virtu Employee Holdco LLC
CENTRAL INDEX KEY: 0001637470
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-37352
FILM NUMBER: 18755209
BUSINESS ADDRESS:
STREET 1: 900 THIRD AVENUE
CITY: NEW YORK
STATE: NY
ZIP: 10022-1010
BUSINESS PHONE: 212-418-0100
MAIL ADDRESS:
STREET 1: 900 THIRD AVENUE
CITY: NEW YORK
STATE: NY
ZIP: 10022-1010
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Virtu Financial, Inc.
CENTRAL INDEX KEY: 0001592386
STANDARD INDUSTRIAL CLASSIFICATION: SECURITY BROKERS, DEALERS & FLOTATION COMPANIES [6211]
IRS NUMBER: 320420206
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 300 VESEY STREET
STREET 2: 10TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10282
BUSINESS PHONE: 212-418-0100
MAIL ADDRESS:
STREET 1: 300 VESEY STREET
STREET 2: 10TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10282
4
1
edgar.xml
FORM 4 -
X0306
4
2017-09-11
0
0001592386
Virtu Financial, Inc.
VIRT
0001637470
Virtu Employee Holdco LLC
C/O VIRTU FINANCIAL, INC.
300 VESEY STREET
NEW YORK
NY
10282
1
0
1
1
See Remarks
Class C Common Stock
2017-09-11
4
D
0
21298
D
12282941
D
Class C Common Stock
2017-09-11
4
D
0
42595
D
12240346
D
Class C Common Stock
2017-11-02
4
D
0
133656
D
12106690
D
Class C Common Stock
2017-11-16
4
D
0
209448
D
11897242
D
Class C Common Stock
2017-12-12
4
D
0
120880
D
11776362
D
Class C Common Stock
2018-02-18
4
D
0
372260
D
11404102
D
Class C Common Stock
2018-02-28
4
D
0
375000
D
11029102
D
Non-voting common interest units of Virtu Financial LLC
2017-09-11
4
D
0
21298
D
Class A Common Stock
21298
12282941
D
Non-voting common interest units of Virtu Financial LLC
2017-09-11
4
D
0
42595
D
Class A Common Stock
42595
12240346
D
Non-voting common interest units of Virtu Financial LLC
2017-11-02
4
D
0
133656
D
Class A Common Stock
133656
12106690
D
Non-voting common interest units of Virtu Financial LLC
2017-11-16
4
D
0
209448
D
Class A Common Stock
209448
11897242
D
Non-voting common interest units of Virtu Financial LLC
2017-12-12
4
D
0
120880
D
Class A Common Stock
120880
11776362
D
Non-voting common interest units of Virtu Financial LLC
2018-02-18
4
D
0
372260
D
Class A Common Stock
372260
11404102
D
Non-voting common interest units of Virtu Financial LLC
2018-02-18
4
D
0
375000
D
Class A Common Stock
375000
11029102
D
Virtu Financial Units and shares of Class C Common Stock were subject to time-based vesting tied to the continued employment of the employees for whom the relevant Virtu Financial Units are held, and were forfeited, in the case of Virtu Financial Units, or cancelled, in the case of the Class C Common Stock, upon the termination of employment of the applicable employee.
Virtu Financial LLC repurchased Virtu Financial Units held by the reporting person on behalf of one or more former employees, and the corresponding shares of Class C Common Stock were repurchased for nominal consideration.
Virtu Financial Units and corresponding shares of Class C Common Stock were distributed to electing employees and then exchanged for the same number of shares of Class A Common Stock in accordance with the terms of the Exchange Agreement (as defined in Footnote 3).
Pursuant to the terms of the Exchange Agreement, effective as of April 15, 2015, by and among the Issuer, Virtu Financial LLC and the equityholders of Virtu Financial LLC (the "Exchange Agreement"), Virtu Financial Units, together with a corresponding number of shares of Class C Common Stock, may be exchanged for shares of Class A Common Stock, which have one vote per share and economic rights (including rights to dividends and distributions upon liquidation), on a one-for-one basis at the discretion of the holder. The exchange rights under the Exchange Agreement do not expire.
Pursuant to the terms of Virtu Financial LLC's operating agreement, Virtu Financial LLC may repurchase Virtu Financial units held by the reporting person on behalf of an employee upon the employees departure from the Company.
/s/ Justin Waldie
2018-04-13