<PAGE>
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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FORM 10-K/A
ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF
1934
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FOR THE FISCAL YEAR ENDED DECEMBER 31, 1998 COMMISSION FILE NUMBER 0--23644
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INVESTMENT TECHNOLOGY GROUP, INC.
(Exact name of registrant as specified in its charter)
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DELAWARE 13-3757717
(State of incorporation) (IRS Employer Identification No.)
380 MADISON AVENUE, NEW YORK, NEW YORK (212) 588-4000
(Address of principal executive offices) (Registrant's telephone number, including
area code)
10017
(Zip Code)
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Securities registered pursuant to Section 12(b) of the Act: None
Securities registered pursuant to Section 12(g) of the Act:
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COMMON STOCK, $0.01 PAR VALUE NASDAQ NATIONAL MARKET
(Title of class) (Name of exchange on which registered)
Aggregate market value of the voting stock held Number of shares outstanding of the
Registrant's
by non-affiliates of the Registrant at March Class of common stock at March 15, 1999:
15, 1999:
$168,832,991 18,630,817
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Indicate by check mark whether the registrant (1) has filed all reports
required to be filed by Section 13 or 15(d) of the Securities Exchange Act of
1934 during the preceding 12 months (or for such shorter period that the
registrant was required to file such reports), and (2) has been subject to such
filing requirements for the past 90 days.
Yes /X/ No / /
Indicate by check mark if disclosure of delinquent filers pursuant to item
405 of Regulation S-K is not contained herein, and will not be contained, to the
best of registrant's knowledge, in definitive proxy or information statements
incorporated by reference in Part III of this form 10-K or any amendment to this
form 10-K [ ]
DOCUMENTS INCORPORATED BY REFERENCE:
Proxy Statement relating to the 1999 Annual Meeting of Stockholders
(incorporated, in part, in Form 10-K Part III).
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EXPLANATORY NOTE
This Annual Report on Form 10-K/A for the fiscal year ended December 31,
1998 (the "Report") is being filed solely to file an amended Exhibit 27
(Financial Data Schedule). This Form 10-K/A constitutes Amendment No. 1 to the
Report.
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SIGNATURES
Pursuant to the requirements of Section 13 or 15(d) of the Securities
Exchange Act of 1934, the Registrant has duly caused this report to be signed on
its behalf by the undersigned, thereunto duly authorized.
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INVESTMENT TECHNOLOGY GROUP, INC.
By: /s/ RAYMOND L. KILLIAN, JR.
-----------------------------------------
Raymond L. Killian, Jr.
Chairman of the Board, Chief Executive
Officer and President
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Dated: March 26, 1999
Pursuant to the requirements of the Securities Exchange Act of 1934, this
report has been signed below by the following persons and on behalf of the
Registrant in the capacities and on the dates indicated.
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<CAPTION>
SIGNATURE TITLE DATE
- ------------------------------ -------------------------- -------------------
<C> <S> <C>
/s/ RAYMOND L. KILLIAN, JR. Chairman of the Board,
- ------------------------------ Chief Executive Officer March 26, 1999
Raymond L. Killian, Jr. President and Director
Senior Vice President and
/s/ JOHN R. MACDONALD Chief Financial Officer
- ------------------------------ (Principal Financial March 26, 1999
John R. MacDonald Officer)
/s/ ANGELO BULONE Vice President and
- ------------------------------ Controller (Principal March 26, 1999
Angelo Bulone Accounting Officer)
/s/ FRANK E. BAXTER
- ------------------------------ Director March 26, 1999
Frank E. Baxter
/s/ NEAL S. GARONZIK
- ------------------------------ Director March 26, 1999
Neal S. Garonzik
/s/ WILLIAM I JACOBS
- ------------------------------ Director March 26, 1999
William I Jacobs
/s/ ROBERT L. KING
- ------------------------------ Director March 26, 1999
Robert L. King
/s/ MARK A. WOLFSON
- ------------------------------ Director March 26, 1999
Mark A. Wolfson
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55
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<ARTICLE> BD
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
CONSOLIDATED STATEMENT OF FINANCIAL CONDITION AND THE CONSOLIDATED STATEMENT OF
OPERATIONS AS OF DECEMBER 31, 1998 AND FOR THE YEAR THEN ENDED AND THE NOTES
THERETO AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL
STATEMENTS.
</LEGEND>
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> DEC-31-1998
<PERIOD-START> JAN-01-1998
<PERIOD-END> DEC-31-1998
<CASH> 77,324
<RECEIVABLES> 24,849
<SECURITIES-RESALE> 0
<SECURITIES-BORROWED> 0
<INSTRUMENTS-OWNED> 40,615
<PP&E> 19,662
<TOTAL-ASSETS> 180,512
<SHORT-TERM> 0
<PAYABLES> 30,105
<REPOS-SOLD> 0
<SECURITIES-LOANED> 0
<INSTRUMENTS-SOLD> 288
<LONG-TERM> 0
0
0
<COMMON> 194
<OTHER-SE> 143,515
<TOTAL-LIABILITY-AND-EQUITY> 180,512
<TRADING-REVENUE> 0
<INTEREST-DIVIDENDS> 3,635
<COMMISSIONS> 208,570
<INVESTMENT-BANKING-REVENUES> 0
<FEE-REVENUE> 0
<INTEREST-EXPENSE> 20
<COMPENSATION> 51,462
<INCOME-PRETAX> 80,935
<INCOME-PRE-EXTRAORDINARY> 80,935
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 43,394
<EPS-PRIMARY> 2.36
<EPS-DILUTED> 2.25
</TABLE>
