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: 2/2/2024ACC: 0001592386-24-000012
+52.91K
Net shares
Net buyer
$0.00
Total acquired
0
Open market trades
0B · 0S
6
Total transactions
83.50K acquired · 30.59K disposed
Non-Derivative Transactions4
Class A common stock
Direct
Shares
+37.50K
Price / share
—
Trade value
—
% of position
30.4%
1/31/2024
123.27K→160.77K
Class A common stock
Direct
Shares
−17.75K
Price / share
—
Trade value
—
% of position
11.0%
1/31/2024
160.77K→143.02K
Class A common stock
Direct
Shares
+8.50K
Price / share
—
Trade value
—
% of position
5.9%
2/1/2024
143.02K→151.52K
Class A common stock
Direct
Shares
−4.34K
Price / share
—
Trade value
—
% of position
2.9%
2/1/2024
151.52K→147.18K
Total
Net shares
+23.91K
Net value
$0.00
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Class A common stock Direct | 1/31/2024 | M · Option Exercise | +37.50K | — | — | 30.4% | 123.27K | 160.77K |
| Class A common stock Direct | 1/31/2024 | F · Tax Withholding | −17.75K | — | — | 11.0% | 160.77K | 143.02K |
| Class A common stock Direct | 2/1/2024 | M · Option Exercise | +8.50K | — | — | 5.9% | 143.02K | 151.52K |
| Class A common stock Direct | 2/1/2024 | F · Tax Withholding | −4.34K | — | — | 2.9% | 151.52K | 147.18K |
| Total | +23.91K | $0.00 | ||||||
Derivative Transactions2
Restricted Stock Unit
Direct
Converts to
Class A common stock
37.50K shares
Shares
+37.50K
Strike price
Held after
62.26K
Exercisable
—
1/31/2024
Restricted Stock Unit
Direct
Converts to
Class A common stock
8.50K shares
Shares
−8.50K
Strike price
Held after
53.76K
Exercisable
—
2/1/2024
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Restricted Stock Unit Direct | Class A common stock37.50K shares | 1/31/2024 | A · Award | +37.50K | — | 62.26K | |
| Restricted Stock Unit Direct | Class A common stock8.50K shares | 2/1/2024 | M · Option Exercise | −8.50K | — | 53.76K |