COHEN DANIEL G 4
4 · Cohen & Co Inc. · Filed Feb 5, 2025
Insider Transaction Report
Form 4
Cohen & Co Inc.COHN
COHEN DANIEL G
DirectorExecutive Chairman10% Owner
Transactions
- Exercise/Conversion
Cohen & Company, LLC Membership Units
2025-02-05$0.99/sh−460,679$456,533→ 22,514,822 total→ Common Stock, par value $0.01 per share (46,067 underlying)
Footnotes (1)
- [F1]Mr. Cohen redeemed 460,679 membership units (the "Units") of Cohen & Company, LLC (the "Operating LLC"), a subsidiary of Cohen & Co Inc. (the "Company"), for an aggregate of $456,533.10, or $0.991 per Unit, in order to fund certain tax liabilities incurred by Mr. Cohen in connection with the vesting, on January 31, 2025, of 1,011,001 restricted Units granted to Mr. Cohen under the Company's 2020 Long-Term Incentive Plan, as amended. In accordance with the Operating LLC's Amended and Restated Limited Liability Company Agreement, as amended, Mr. Cohen had the right to redeem the 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.