FORM 4
[ X ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

North Island Ventures, LLC
2. Issuer Name and Ticker or Trading Symbol

Virtu Financial, Inc. [ VIRT ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                      __ X __ 10% Owner
_____ Officer (give title below)      _____ Other (specify below)
(Last)          (First)          (Middle)

51 WEST 52ND STREET, 30TH FLOOR, 
3. Date of Earliest Transaction (MM/DD/YYYY)

8/10/2017
(Street)

NEW YORK, NY 10019
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

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

___ Form filed by One Reporting Person
_ X _ 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. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. 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
Class A common stock, par value $0.00001 per share   8/10/2017     P    338124   A $15.44   (1) 40064103   I   See Footnotes   (2) (3) (4) (5)

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. 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 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 of Derivative Security: 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

Explanation of Responses:
(1)  On August 10, 2017, pursuant to a privately negotiated investment agreement with the Issuer and a letter agreement, dated July 19, 2017, with the Issuer, North Island Holdings I, LP purchased 338,124 shares of the Issuer's Class A common stock, par value $0.00001 per share for approximately $15.44 per share.
(2)  These shares are owned directly by North Island Holdings I, LP.
(3)  The sole general partner of North Island Holdings I, LP is North Island Holdings I GP, LP. The sole general partner of North Island Holdings I GP, LP is North Island Ventures, LLC. Messrs. Hutchins and Greifeld, directly and/or indirectly through North Island L.L.C. and West Meadow Group LLC, respectively, each control 50% of the membership interests in North Island Ventures, LLC. Each of North Island Holdings I GP, LP, North Island Ventures, LLC, North Island L.L.C., and West Meadow Group LLC and Messrs. Hutchins and Greifeld may be deemed to beneficially own the shares beneficially owned by North Island Holdings I, LP, but each (other than the North Island Holdings I, LP to the extent of its direct holdings) disclaims beneficial ownership of such shares, except to the extent of such Reporting Person's pecuniary interest therein.
(4)  The filing of this statement shall not be deemed to be an admission that, for purposes of Section 16 of the Securities Exchange Act of 1934 or otherwise, the Reporting Persons are the beneficial owners of any securities reported herein.
(5)  Information with respect to each of the Reporting Persons is given solely by such Reporting Person, and no Reporting Person has responsibility for the accuracy or completeness of information supplied by another Reporting Person.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
North Island Ventures, LLC
51 WEST 52ND STREET, 30TH FLOOR
NEW YORK, NY 10019

X

North Island Holdings I, LP
51 WEST 52ND STREET, 30TH FLOOR
C/O NORTH ISLAND VENTURES, LLC
NEW YORK, NY 10019

X

North Island Holdings I GP, LP
51 WEST 52ND STREET
30TH FLOOR
NEW YORK, NY 10019

X

North Island L.L.C.
C/O GLENN H. HUTCHINS, 51 W 52ND STREET
30TH FLOOR
NEW YORK, NY 10019

X

West Meadow Group LLC
C/O ROBERT GREIFELD, 51 W 52ND ST
30TH FLOOR
NEW YORK, NY 10019

X

HUTCHINS GLENN H
C/O SILVER LAKE
2775 SAND HILL ROAD, SUITE 100
MENLO PARK, CA 94025
X X

GREIFELD ROBERT
C/O THE NASDAQ STOCK MARKET, INC
ONE LIBERTY PLAZA
NEW YORK, NY 10006
X X


Signatures
NORTH ISLAND HOLDINGS I, LP By: North Island Holdings I GP, LP, its general partner By: North Island Ventures, LLC, its general partner By: /s/ Glenn H. Hutchins Name: Glenn H. Hutchins Title: Chief Executive Officer 8/10/2017
** Signature of Reporting Person Date

NORTH ISLAND HOLDINGS I GP, LP By: North Island Ventures, LLC, its general partner By: /s/ Glenn H. Hutchins Name: Glenn H. Hutchins Title: Chief Executive Officer 8/10/2017
** Signature of Reporting Person Date

NORTH ISLAND VENTURES, LLC By: /s/ Glenn H. Hutchins Name: Glenn H. Hutchins Title: Chief Executive Officer 8/10/2017
** Signature of Reporting Person Date

NORTH ISLAND L.L.C. By: /s/ Glenn H. Hutchins Name: Glenn H. Hutchins Title: Investment Manager 8/10/2017
** Signature of Reporting Person Date

WEST MEADOW GROUP LLC By: /s/ Robert Greifeld Name: Robert Greifeld Title: Administrative Manager 8/10/2017
** Signature of Reporting Person Date

GLENN H. HUTCHINS /s/ Glenn H. Hutchins 8/10/2017
** Signature of Reporting Person Date

ROBERT GREIFELD /s/ Robert Greifeld 8/10/2017
** 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
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