BGC (BGC) Form 4 BGC Partners / Sean A Windeatt ownership change

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Windeatt Sean A

(Last) (First) (Middle)

C/O BGC PARTNERS, INC.

499 PARK AVENUE

(Street)

NEW YORK NY 10022

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
BGC Partners, Inc. [ BGCP ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
Chief Operating Officer

3. Date of Earliest Transaction (Month/Day/Year)
03/02/2022

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
BGC Holdings Exchangeable Limited Partnership Interests	(1)(2)	03/02/2022		A		135,514		(1)(2)	(1)(2)	Class A Common Stock, par value $0.01 per share	(1)(2)	(1)(2)	135,514	D

Explanation of Responses:

1. On March 2, 2020, BGC Partners, Inc. (the "Company") granted the reporting person 135,514 non-exchangeable limited partnership interests (the "2020 Grant") of BGC Holdings, L.P. ("BGC Holdings"). Pursuant to the exchange rights schedule of the 2020 Grant, on March 2, 2022, the 135,514 exchangeable limited partnership interests of BGC Holdings became immediately exchangeable by the reporting person (the "2022 Exchange Rights Grant") for an aggregate of 135,514 shares of Class A common stock, par value $0.01 per share, of the Company ("Class A Common Stock"). As timely reported and described in the reporting person's Form 4 filed on August 15, 2022, on August 11, 2022, the Company repurchased all of such 135,514 exchangeable limited partnership interests held by the reporting person at a price of $4.08 (the "2022 Repurchase"), the closing price of shares of Class A Common Stock on August 11, 2022. The 2022 Exchange Rights Grant is being reported late at this time due to an

2. (continued from footnote 1) inadvertent administrative delay. The 2020 Grant and the 2022 Repurchase were each approved by the Compensation Committee of the Board of Directors of the Company and were exempt pursuant to Rule 16b-3 under the Securities Exchange Act of 1934, as amended.

	/s/ Sean A. Windeatt	04/03/2023
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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