GAIN Capital Holdings director just disposed of 1,420 shares

Christopher Warren Calhoun, a director of GAIN Capital Holdings, recently disposed of 1,420 shares of the company. The disposals took place at prices ranging from $2.87 to $8.73 per share, on February 03, 2014. Calhoun still owns 7,103 shares of the company. Calhoun operates out of Bedminster, NJ. Some additional info was provided as follows:

Reflects shares acquired upon exercise of stock options listed in Table II below, pursuant to a sales plan that complies with the requirements of Rule 10b5-1(c)(1) under the Securities Exchange Act of 1934, as amended. The shares were sold pursuant to a sales plan dated May 31, 2011, which complies with the requirements of Rule 10b5-1(c)(1) under the Securities and Exchange Act. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $8.67 to $8.80, inclusive. The reporting person undertakes to provide to GAIN Capital Holdings, Inc., any security holder of GAIN Capital Holdings, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. Such stock options were granted on January 31, 2006 and vested ratably over three years, with one-third of the options vesting on each of the first three anniversaries of the grant date. The options have a term of ten years.

The above information was disclosed in a filing to the SEC. To see this filing in its entirety, click here.

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