Brafman Lester Raymond 4
4 · Cohen & Co Inc. · Filed Dec 20, 2022
Insider Transaction Report
Form 4
Cohen & Co Inc.COHN
Brafman Lester Raymond
Chief Executive Officer
Transactions
- Award
Cohen & Company, LLC Membership Units
2022-12-20+211,000→ 2,422,000 total→ Common Stock, par value $0.01 per share (21,100 underlying)
Holdings
- 315,702
Common Stock, par value $0.01 per share
Footnotes (1)
- [F1]Mr. Brafman was awarded 211,000 restricted membership units ("Units") in Cohen & Company, LLC (the "Operating LLC"), a subsidiary of Cohen & Co Inc. (the "Company"), under the Company's 2020 Long-Term Incentive Plan, as amended. The restrictions expire with respect to one-third of the Units on each of January 31, 2024, January 31, 2025 and January 31, 2026. Following the expiration of the applicable restrictions on the Units, Mr. Brafman 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.