CAVOLI STEPHEN (EVP) exercised options at VIRTU FINANCIAL, INC.
Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.
M · 1 exercise
Filed: 1/26/2023ACC: 0001592386-23-000007
-3.93K
Net shares
Net seller
$0.00
Total acquired
0
Open market trades
0B · 0S
3
Total transactions
9.97K acquired · 13.90K disposed
Non-Derivative Transactions2
Class A common stock
Direct
Shares
+9.97K
Price / share
—
Trade value
—
% of position
13.6%
1/24/2023
73.28K→83.25K
Class A common stock
Direct
Shares
−3.93K
Price / share
—
Trade value
—
% of position
4.7%
1/24/2023
83.25K→79.31K
Total
Net shares
+6.04K
Net value
$0.00
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Class A common stock Direct | 1/24/2023 | M · Option Exercise | +9.97K | — | — | 13.6% | 73.28K | 83.25K |
| Class A common stock Direct | 1/24/2023 | F · Tax Withholding | −3.93K | — | — | 4.7% | 83.25K | 79.31K |
| Total | +6.04K | $0.00 | ||||||
Derivative Transactions1
Restricted Stock Unit
Direct
Converts to
Class A common stock
9.97K shares
Shares
−9.97K
Strike price
Held after
41.39K
Exercisable
—
1/24/2023
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Restricted Stock Unit Direct | Class A common stock9.97K shares | 1/24/2023 | M · Option Exercise | −9.97K | — | 41.39K |