0001179110-19-000913.txt : 20190125
0001179110-19-000913.hdr.sgml : 20190125
20190125161435
ACCESSION NUMBER: 0001179110-19-000913
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20181231
FILED AS OF DATE: 20190125
DATE AS OF CHANGE: 20190125
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Molluso Joseph
CENTRAL INDEX KEY: 0001602472
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-37352
FILM NUMBER: 19542699
MAIL ADDRESS:
STREET 1: 645 MADISON 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
2018-12-31
0
0001592386
Virtu Financial, Inc.
VIRT
0001602472
Molluso Joseph
C/O VIRTU FINANCIAL, INC., 300 VESEY ST.
NEW YORK
NY
10282
0
1
0
0
Exec VP & CFO
Class A common stock
2018-12-31
4
M
0
5775
A
5775
D
Class A common stock
2018-12-31
4
F
0
3074
D
2701
D
Class A common stock
2018-12-31
4
M
0
9373
A
12074
D
Class A common stock
2018-12-31
4
F
0
4989
D
7085
D
Class A common stock
2019-01-23
4
M
0
11240
A
18325
D
Class A common stock
2019-01-23
4
F
0
5982
D
12343
D
Class A common stock
2019-01-23
4
A
0
15764
A
28107
D
Class A common stock
2019-01-23
4
F
0
6568
D
21539
D
Restricted Stock Unit
2018-12-31
4
M
0
5775
0
D
Class A common stock
5775
172497
D
Restricted Stock Unit
2018-12-31
4
M
0
9373
0
D
Class A common stock
9373
163124
D
Restricted Stock Unit
2019-01-23
4
M
0
11240
0
D
Class A common stock
11240
151884
D
Restricted Stock Unit
2019-01-23
4
A
0
23644
0
A
Class A common stock
23644
175528
D
Option Award
19
Class A common stock
15000
15000
D
Non-voting common interest units of Virtu Financial LLC
Class A common stock
473907
473907
I
See footnote
Shares of Class A common stock issued in settlement of vested restricted stock units ("RSUs") granted under the Issuer's Amended and Restated 2015 Management Incentive Plan.
Shares of Class A common stock withheld by the Issuer in relation to the settlement of vested RSUs in accordance with the Issuer's Amended and Restated 2015 Management Incentive Plan.
Shares of Class A common stock granted under the Issuer's 2015 Amended and Restated Management Incentive Plan based on the volume weighted average price of the Issuer's Class A common stock on the three trading days preceding the grant date of 26.6447.
Shares of Class A common stock withheld by the Issuer in accordance with the Issuer's Amended and Restated 2015 Management Incentive Plan based on the volume weighted average price of the Issuer's Class A common stock on the three trading days preceding the grant date of 26.6447.
Each RSU is granted under the Issuer's Amended and Restated 2015 Management Incentive Plan and represents a contingent right to receive one share of Class A common stock of the Issuer.
The RSUs vested in three equal installments on December 31, 2016, December 31, 2017 and December 31, 2018.
The RSUs vest in three equal installments on December 31, 2017, December 31, 2018 and December 31, 2019.
The RSUs vest in three equal installments on January 23, 2019, January 23, 2020 and January 23, 2021.
The RSUs vest in three equal installments on January 23, 2020, January 23, 2021 and January 23, 2022.
Each Option Award was granted under the Issuer's Amended and Restated 2015 Management Incentive Plan and represents a contingent right to receive one share of Class A common stock of the Issuer.
Options Awards vest in equal installments on each of the first four (4) anniversaries of April 15, 2015. Any fractional Option Award resulting from the application of the vesting schedule under the 2015 Management Incentive Plan will be aggregated and the Option Awards resulting from such aggregation shall vest on April 15, 2019.
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 of the Issuer, 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.
By Virtu Employee Holdco LLC, a holding vehicle through which employees and directors of the Issuer hold vested and unvested Virtu Financial Units and shares of Class C Common Stock. The reporting person disclaims beneficial ownership in such Virtu Financial Units and shares held by Virtu Employee Holdco LLC except to the extent of his pecuniary interest therein.
Justin Waldie, as Attorney-in-Fact
2019-01-25