Malcolm David M. 4
4 · COWEN GROUP, INC. · Filed Nov 3, 2009
Insider Transaction Report
Form 4
Malcolm David M.
DirectorCEO of Cowen and Company, LLC
Transactions
- Award
Class A Common Stock
2009-11-02+288,832→ 550,132 total - Award
Class A Common Stock
2009-11-02+261,300→ 261,300 total - Award
Stock Option (right to buy)
2009-11-02+103,390→ 103,390 totalExercise: $16.00From: 2009-11-02Exp: 2013-07-12→ Class A Common Stock (103,390 underlying)
Footnotes (3)
- [F1]Received in exchange for 261,300 shares of common stock of Cowen Holdings, Inc. (f/k/a Cowen Group, Inc.) ("Cowen Holdings") in connection with the merger of Lexington Merger Corp., a wholly owned subsidiary of the Issuer (f/k/a LexingtonPark Parent Corp.), with and into Cowen Holdings (the "Merger").
- [F2]This is restricted stock that will vest with respect to 50% of the shares on each of the second and third anniversaries of the grant date.
- [F3]Received upon conversion of 103,390 stock options of Cowen Holdings in connection with the Merger.