XML 77 R62.htm IDEA: XBRL DOCUMENT v3.19.1
Compensation (Tables)
12 Months Ended
Dec. 31, 2018
Summary of Activity of Number of Share Equivalent Limited Partnership Units and Post IPO Grants

A summary of the activity of the number of share-equivalent limited partnership units and post IPO grants of Newmark LPU’s held by Newmark employees in Newmark Holdings is as follows:

 

 

 

Number of

Units

 

Balance at December 31, 2016

 

 

 

Granted

 

 

29,413,143

 

Balance at December 31, 2017

 

 

29,413,143

 

Granted

 

 

19,141,943

 

Redeemed/exchanged units

 

 

(3,793,351

)

Forfeited units

 

 

(28,248

)

Balance at December 31, 2018

 

 

44,733,487

 

Activity Associated with Restricted Stock Units

 

A summary of the activity associated with RSUs in BGC is as follows:

 

 

 

Restricted

Stock

Units

 

 

Weighted-

Average

Grant Date

Fair Value

 

 

Weighted-

Average

Remaining

Contractual

Term

(Years)

 

Balance at December 31, 2015

 

 

258,526

 

 

$

6.52

 

 

 

1.56

 

Granted

 

 

196,855

 

 

 

7.87

 

 

 

 

 

Settled units (delivered shares)

 

 

(141,490

)

 

 

5.85

 

 

 

 

 

Forfeited units

 

 

(28,166

)

 

 

7.64

 

 

 

 

 

Balance at December 31, 2016

 

 

285,725

 

 

 

7.56

 

 

 

1.75

 

Granted

 

 

269,754

 

 

 

10.37

 

 

 

 

 

Settled units (delivered shares)

 

 

(151,844

)

 

 

7.73

 

 

 

 

 

Forfeited units

 

 

(57,097

)

 

 

8.75

 

 

 

 

 

Balance at December 31, 2017

 

 

346,538

 

 

 

9.56

 

 

 

1.85

 

Granted

 

 

3,439

 

 

 

7.64

 

 

 

 

 

Settled units (delivered shares)

 

 

(147,006

)

 

 

9.17

 

 

 

 

 

Forfeited units

 

 

(34,296

)

 

 

10.01

 

 

 

 

 

Balance at December 31, 2018

 

 

168,675

 

 

$

9.77

 

 

 

0.98

 

 

 

A summary of the activity associated with RSUs in Newmark is as follows:

 

 

 

Restricted

Stock

Units

 

 

Weighted-

Average

Grant Date

Fair Value

 

 

Weighted-

Average

Remaining

Contractual

Term (Years)

 

Balance at December 31, 2017

 

 

 

 

$

 

 

 

 

Granted

 

 

264,532

 

 

 

13.54

 

 

 

 

 

Settled units (delivered shares)

 

 

(8,109

)

 

 

13.36

 

 

 

 

 

Forfeited units

 

 

(36,536

)

 

 

13.71

 

 

 

 

 

Balance at December 31, 2018

 

 

219,887

 

 

$

13.52

 

 

 

2.28

 

BGC Holdings, L.P. [Member]  
Activity Associated with Limited Partnership Units

A summary of the activity associated with limited partnership units held by Newmark employees in BGC Holdings is as follows:

 

 

 

Number of

Units

 

Balance at December 31, 2015

 

 

38,000,970

 

Granted

 

 

19,149,118

 

Redeemed/exchanged units

 

 

(3,351,944

)

Forfeited units

 

 

(390,517

)

Balance at December 31, 2016

 

 

53,407,627

 

Granted

 

 

13,976,871

 

Redeemed/exchanged units

 

 

(2,668,048

)

Forfeited units

 

 

(7,535

)

Balance at December 31, 2017

 

 

64,708,915

 

Granted

 

 

2,872,825

 

Redeemed/exchanged units

 

 

(5,650,292

)

Forfeited units

 

 

(60,479

)

Balance at December 31, 2018

 

 

61,870,969