Joseph Molluso - Feb 1, 2022 Form 4 Insider Report for Virtu Financial, Inc. (VIRT)

Role
Co-President & Co-COO
Signature
Justin Waldie, as Attorney-in-Fact
Stock symbol
VIRT
Transactions as of
Feb 1, 2022
Transactions value $
$0
Form type
4
Date filed
2/3/2022, 08:09 PM
Previous filing
Jan 25, 2022
Next filing
Feb 7, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VIRT Class A common stock Options Exercise +9.04K +3.28% 285K Feb 1, 2022 Direct F1
transaction VIRT Class A common stock Tax liability -5K -1.76% 280K Feb 1, 2022 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction VIRT Restricted Stock Unit Options Exercise $0 -9.04K -9.64% $0.00 84.8K Feb 1, 2022 Class A common stock 9.04K Direct F3, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 Shares of Class A common stock withheld for tax by the Issuer in relation to the settlement of vested RSUs in accordance with the Issuer's Amended and Restated 2015 Management Incentive Plan.
F3 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.
F4 The RSUs vested on February 1, 2022.
F5 18,084 of the RSUs vest in two equal annual installments on February 1, 2023 and February 1, 2024. 66,666 of the RSUs vest on January 24, 2023.