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 · 2 exercises
Filed: 2/2/2023ACC: 0001592386-23-000010
+20.14K
Net shares
Net buyer
$0.00
Total acquired
0
Open market trades
0B · 0S
5
Total transactions
58.50K acquired · 38.37K disposed
Non-Derivative Transactions4
Class A common stock
Direct
Shares
+50K
Price / share
—
Trade value
—
% of position
63.0%
1/31/2023
79.31K→129.31K
Class A common stock
Direct
Shares
−25.52K
Price / share
—
Trade value
—
% of position
19.7%
1/31/2023
129.31K→103.79K
Class A common stock
Direct
Shares
+8.50K
Price / share
—
Trade value
—
% of position
8.2%
2/1/2023
103.79K→112.29K
Class A common stock
Direct
Shares
−4.34K
Price / share
—
Trade value
—
% of position
3.9%
2/1/2023
112.29K→107.95K
Total
Net shares
+28.64K
Net value
$0.00
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Class A common stock Direct | 1/31/2023 | M · Option Exercise | +50K | — | — | 63.0% | 79.31K | 129.31K |
| Class A common stock Direct | 1/31/2023 | F · Tax Withholding | −25.52K | — | — | 19.7% | 129.31K | 103.79K |
| Class A common stock Direct | 2/1/2023 | M · Option Exercise | +8.50K | — | — | 8.2% | 103.79K | 112.29K |
| Class A common stock Direct | 2/1/2023 | F · Tax Withholding | −4.34K | — | — | 3.9% | 112.29K | 107.95K |
| Total | +28.64K | $0.00 | ||||||
Derivative Transactions1
Restricted Stock Unit
Direct
Converts to
Class A common stock
8.50K shares
Shares
−8.50K
Strike price
Held after
32.89K
Exercisable
—
2/1/2023
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Restricted Stock Unit Direct | Class A common stock8.50K shares | 2/1/2023 | M · Option Exercise | −8.50K | — | 32.89K |