Filing Details
- Accession Number:
- 0000895345-21-000127
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2021-02-09 20:44:22
- Reporting Period:
- 2021-02-05
- Accepted Time:
- 2021-02-09 20:44:22
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1758730 | Tradeweb Markets Inc. | TW | Security & Commodity Brokers, Dealers, Exchanges & Services (6200) | 000000000 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1771187 | Enrico Bruni | Tradeweb Markets Inc. 1177 Avenue Of The Americas New York NY 10036 | Managing Director, Europe/Asia | No | No | No | 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 | Acquisiton | 2021-02-05 | 32,158 | $0.00 | 115,392 | No | 4 | A | Direct | |
| Class A Common Stock | Acquisiton | 2021-02-09 | 119,710 | $20.59 | 235,102 | No | 4 | M | Direct | |
| Class A Common Stock | Disposition | 2021-02-09 | 142,861 | $67.66 | 92,241 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | A | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Class A Common Stock | Stock Option (Right to Buy) | Disposition | 2021-02-09 | 119,710 | $0.00 | 119,710 | $20.59 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 119,710 | 2028-10-26 | No | 4 | M | Direct |
Footnotes
- The reported transaction reflects the acquisition of performance-based restricted stock units ("RSUs") in respect of the issuer's Class A common stock ("Class A Common Stock") that were granted to the reporting person on March 17, 2020, subject to the achievement of certain performance goals in respect of calendar year 2020. Those performance goals were deemed achieved at the maximum performance level on February 5, 2021. These RSUs remain unvested and are scheduled to vest on January 1, 2023, subject to the reporting person's continued employment through such date.
- This amount includes (i) 44,004 unvested RSUs in respect of the issuer's Class A Common Stock which are scheduled to vest on January 1, 2022, (ii) 16,079 unvested RSUs in respect of Class A Common Stock which are scheduled to vest in equal installments on each of the first, second and third anniversaries of March 17, 2020, and (iii) 32,158 unvested RSUs in respect of Class A Common Stock which are scheduled to vest on January 1, 2023, in each case subject to the reporting person's continued employment through the applicable vesting date.
- This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 1, 2020.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $67.50 to $67.90, inclusive. The reporting person undertakes to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote 4.
- The option is fully vested and exercisable as of the date hereof.
Billionaire Hedge Funds
