UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 14A
Proxy Statement Pursuant to Section 14(a) of the
Securities Exchange Act of 1934
(Amendment No. )
Filed by the Registrant ☒ Filed by a Party other than the Registrant ☐
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☐ | | Preliminary Proxy Statement |
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☐ | | Confidential, For Use Of The Commission Only (As Permitted By Rule 14a-6(e)(2)) |
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☐ | | Definitive Proxy Statement |
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☒ | | Definitive Additional Materials |
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☐ | | Soliciting Material Pursuant to (S) 240.14a-11(c) or (S) 240.14a-12 |
BGC Partners, Inc.
(Name of Registrant as Specified In Its Charter)
(Name of Person(s) Filing Proxy Statement, if other than the Registrant)
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☐ | | Fee computed on table below per Exchange Act Rules 14a-6(i)(1) and 0-11. |
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SUPPLEMENT TO THE PROXY STATEMENT OF BGC PARTNERS, INC.
On April 29, 2019, BGC Partners, Inc. (the “Company”) filed a definitive proxy statement (the “Proxy Statement”) with the Securities and Exchange Commission relating to its Annual Meeting of Stockholders to be held on June 25, 2019.
The Proxy Statement contained an inadvertent error within the section entitled “EXECUTIVE COMPENSATION – Summary Compensation Table” on page 36. The below disclosure amends, replaces and corrects the dollar amount in the column of this section as contained in the Proxy Statement entitled “(j) Total ($)” for the year 2018 as it pertains to Mr. Shaun D. Lynn, President of the Company. The Total amount was listed as $7,500,000 in the Proxy Statement and should have been listed as $8,500,000.
(a) Name and Principal
Position | | (b)
Year | | | (c)
Salary
($) | | | (d)
Bonus
($) | | | (e)
Stock
Awards
(Long Term
Incentive
Awards from
2014, 2015
and 2016)
($)(2) | | | (f)
Option
Awards
($) | | | (g)
Non-Equity
Incentive Plan
Compensation
($)(3) | | | (h)
Change in
Pension
Value and
Nonqualified
Deferred
Compensation
Earnings
($) | | | (i)
All Other
Compensation
($) | | | (j)
Total
($) | |
Shaun D. Lynn, | | | 2018 | (1) | | | 1,000,000 | | | | — | | | | — | | | | — | | | | 7,500,000 | | | | — | | | | — | | | | 8,500,000 | |
President | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
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This error was corrected in the proxy statement posted on the Company’s website and at www.proxyvote.com and in the printed copy of the proxy statement that will be mailed to the Company’s stockholders upon request. Except as specifically revised by the information contained herein, this supplement does not revise or update any of the other information set forth in the Proxy Statement. This supplement should be read in conjunction with the Proxy Statement. From and after the date of this supplement, any references to the “Proxy Statement” are to the Proxy Statement as supplemented hereby.
