Filing Details

Accession Number:
0001094831-11-000031
Form Type:
4
Zero Holdings:
No
Publication Time:
2011-03-15 13:00:00
Reporting Period:
2011-03-11
Filing Date:
2011-03-15
Accepted Time:
2011-03-15 16:59:33
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1094831 Bgc Partners Inc. BGCP Security & Commodity Brokers, Dealers, Exchanges & Services (6200) 134063515
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1250975 W Howard Lutnick C/O Bgc Partners, Inc.
499 Park Avenue
New York NY 10022
Chairman And Ceo Yes Yes Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Class A Common Stock, Par Value $0.01 Per Share Acquisiton 2011-03-11 600 $8.88 6,703,690 No 4 P Indirect See footnotes
Class A Common Stock, Par Value $0.01 Per Share Acquisiton 2011-03-11 3,444 $8.89 6,707,134 No 4 P Indirect See footnotes
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Indirect See footnotes
No 4 P Indirect See footnotes
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Class A Common Stock, Par Value $0.01 Per Share 10,048,091 Direct
Footnotes
  1. Represents the purchase of an aggregate 4,044 shares of BGC Partners, Inc. Class A Common Stock, par value $0.01 per share (the "Class A Common Stock"), by the reporting person's spouse for an individual retirement account held in her name.
  2. The 6,707,134 shares of Class A Common Stock consist of (i) 388,812 shares held by CF Group Management, Inc. ("CFGM"), (ii) 2,050,197 shares represented by deferred stock distributions receivable by CFGM, (iii) 175,589 shares held by a trust f/b/o the descendants of the reporting person, of which the reporting person's spouse is one of two trustees and the reporting person has limited powers to remove and replace such trustees (the "Trust"), (iv) 1,610,182 shares represented by deferred stock distributions receivable by the Trust, (v) 23,780 shares represented by deferred stock distributions receivable by the reporting person's spouse, (vi) 2,048,000 shares represented by deferred stock distributions receivable by KBCR Management Partners, LLC, (vii) 254,679 shares held in the reporting person's 401(k) account, (viii) 101,485 shares held in a Keogh retirement acocunt f/b/o the Reporting Person, (ix) 4,481 shares held in the reporting person's spouse's IRA, (continued in Footnote 3)
  3. (x) 23,671 shares held by trust accounts f/b/o the reporting person and members of his immediate family; (xi) 9,743 shares held in custodial accounts f/b/o certain members of the reporting person's family under the Uniform Gifts to Minors Act, and (xii) 16,515 shares held in the reporting person's IRA. Does not include 780,646 shares of Class A Common Stock acquired by Cantor Fitzgerald, L.P. ("CFLP") upon the previously reported exercise of exchange rights by CFLP with respect to 780,646 BGC Holdings, L.P. Exchangeable Limited Partnership Interests because such 780,646 shares were deemed in previous reports to have been distributed in connection with CFLP's deferred stock distribution obligations provided to certain current and former partners of CFLP on April 1, 2008.
  4. CFGM is the Managing General Partner of CFLP, and the reporting person is the President and sole stockholder of CFGM. KBCR is a non-managing General Partner of CFLP, and the reporting person is the managing member of KBCR. The reporting person disclaims beneficial ownership of all such shares in excess of his pecuniary interest, if any, and this report shall not be deemed an admission that he is the beneficial owner of, or has pecuniary interest in, any such excess shares for purposes of Section 16 of the Securities Exchange Act of 1934 or for any other purpose.