MOLLUSO JOSEPH (Co-President & Co-COO) reported 3 transactions at VIRTU FINANCIAL, INC.

Review the transaction codes below to understand the nature of each event.

MOLLUSO JOSEPH

Filed: 6/22/2020ACC: 0001179110-20-007707

InsiderMOLLUSO JOSEPHCIK 1602472

→

IssuerVIRTU FINANCIAL, INC.CIK 1592386

Officer· Co-President & Co-COO

Since Jun 2020

+92.33K

Net shares

Net buyer

$2.39M

Total sold

Open market trades

0B · 0S

Total transactions

200K acquired · 107.67K disposed

Non-Derivative Transactions3

Class A common stock

Direct

X · X

−100.00

Price / share

$22.50

Trade value

$2.25K

% of position

0.0%

6/18/2020

225.56K→225.46K

Class A common stock

Direct

X · X

−104.90K

Price / share

$22.50

Trade value

$2.36M

% of position

46.5%

6/19/2020

225.46K→120.56K

Class A common stock

Direct

X · X

−1.60K

Price / share

$17.50

Trade value

$28K

% of position

1.3%

6/19/2020

120.56K→118.96K

Total

Net shares

−106.60K

Net value

-$2.39M

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Class A common stock Direct	6/18/2020	X · X	−100.00	$22.50	$2.25K	0.0%	225.56K	225.46K
Class A common stock Direct	6/19/2020	X · X	−104.90K	$22.50	$2.36M	46.5%	225.46K	120.56K
Class A common stock Direct	6/19/2020	X · X	−1.60K	$17.50	$28K	1.3%	120.56K	118.96K
Total			−106.60K		-$2.39M

Derivative Transactions4

Call option (obligation to sell)

Direct

X · X

Converts to

Class A common stock

100.00 shares

−1.00

Strike price

22.50

Held after

1.05K

Exercisable

—

6/18/2020

Call option (obligation to sell)

Direct

X · X

Converts to

Class A common stock

104.90K shares

−1.05K

Strike price

22.50

Held after

0.00

Exercisable

—

6/19/2020

Call option (obligation to sell)

Direct

X · X

Converts to

Class A common stock

1.60K shares

−16.00

Strike price

17.50

Held after

0.00

Exercisable

—

6/19/2020

Restricted Stock Unit

Direct

A · Award

Converts to

Class A common stock

200K shares

+200K

Strike price

Held after

200K

Exercisable

—

6/22/2020

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Call option (obligation to sell) Direct	Class A common stock100.00 shares	6/18/2020	X · X	−1.00	22.50	—	1.05K
Call option (obligation to sell) Direct	Class A common stock104.90K shares	6/19/2020	X · X	−1.05K	22.50	—	0.00
Call option (obligation to sell) Direct	Class A common stock1.60K shares	6/19/2020	X · X	−16.00	17.50	—	0.00
Restricted Stock Unit Direct	Class A common stock200K shares	6/22/2020	A · Award	+200K		—	200K