Holmes John J 4
4 · COWEN INC. · Filed Mar 12, 2021
Insider Transaction Report
Form 4
COWEN INC.COWN
Holmes John J
Chief Administrative Officer
Transactions
- Sale
Class A Common Stock
2021-03-11$42.49/sh−14,000$594,860→ 230,045 total - Tax Payment
Class A Common Stock
2021-03-10$42.17/sh−6,441$271,617→ 223,654 total - Award
Class A Common Stock
2021-03-10+45,000→ 244,045 total - Award
Class A Common Stock
2021-03-10+50→ 230,095 total
Footnotes (4)
- [F1]On March 15, 2016, the Reporting Person was granted a performance share award consisting of 25,000 target shares, with the number of shares to be delivered upon settlement based on the attainment of certain performance metrics. In accordance with the performance share award agreement, 45,000 shares which represented the maximum payout under the performance share award agreement, were settled and delivered to the Reporting Person on March 10, 2021.
- [F2]Shares sold by the Reporting Person in connection with the payment of taxes related to the settlement of the performance share award referenced in footnote 1.
- [F3]Grant of Cowen stock for no monetary consideration. The stock award was settled and delivered on March 10, 2021.
- [F4]Represents shares of the Issuer's Class A common stock withheld to satisfy tax withholding obligations upon the vesting of restricted stock, in accordance with the terms of the related grant agreement, which was approved by the board of directors of the Issuer in accordance with Rule 16b-3 promulgated under the Securities Exchange Act of 1934.