Home/Filings/4/0001104659-21-151788
4//SEC Filing

Brafman Lester Raymond 4

Accession 0001104659-21-151788

CIK 0001270436other

Filed

Dec 19, 7:00 PM ET

Accepted

Dec 20, 5:20 PM ET

Size

7.2 KB

Accession

0001104659-21-151788

Insider Transaction Report

Form 4
Period: 2021-12-20
Transactions
  • Award

    Cohen & Company, LLC Membership Units

    2021-12-20+211,0002,211,000 total
    Common Stock, par value $0.01 per share (21,100 underlying)
Holdings
  • Common Stock, par value $0.01 per share

    315,702
Footnotes (1)
  • [F1]Mr. Brafman was awarded 211,000 membership units ("Units") in Cohen & Company, LLC (the "Operating LLC"), a subsidiary of Cohen & Company Inc. (the "Company"), under the Company's 2020 Long-Term Incentive Plan, as amended. Ten of the 211,000 Units were unrestricted as of the date of the grant and the remaining 210,990 of the Units were restricted Units. The restrictions expire with respect to one-third of such Units on each of January 31, 2023, January 31, 2024 and January 31, 2025. Following the date of the grant with respect to the ten unrestricted Units and, following the expiration of the applicable restrictions on the remaining 210,990 Units granted to Mr. Brafman, he may cause the Operating LLC to redeem such Units at any time for, at the Company's option, (i) cash or (ii) one share of the Company's common stock for every ten Units.

Issuer

Cohen & Co Inc.

CIK 0001270436

Entity typeother

Related Parties

1
  • filerCIK 0001578554

Filing Metadata

Form type
4
Filed
Dec 19, 7:00 PM ET
Accepted
Dec 20, 5:20 PM ET
Size
7.2 KB