Ricciardi Christopher 4
4 · COHEN & Co INC. · Filed Mar 29, 2010
Insider Transaction Report
Form 4
COHEN & Co INC.COHN
Ricciardi Christopher
President10% Owner
Transactions
- Gift
Recapitalized Cohen Brothers Membership Units
2010-01-18$7.47/sh+44,925$335,590→ 44,925 total(indirect: By Spouse)→ Common Stock, par value $0.001 (44,925 underlying) - Gift
Common Stock, par value $0.001
2010-01-18$7.47/sh+11,291$84,344→ 1,400,169 total(indirect: By Spouse) - Gift
Recapitalized Cohen Brothers Membership Units
2010-01-18$7.47/sh−44,925$335,590→ 0 total→ Common Stock, par value $0.001 (44,925 underlying) - Award
Common Stock, par value $0.001
2010-01-18$7.47/sh+11,291$84,344→ 18,322 total - Award
Recapitalized Cohen Brothers Membership Units
2010-01-18$7.47/sh+44,925$335,590→ 44,925 total→ Common Stock, par value $0.001 (44,925 underlying) - Disposition to Issuer
Common Stock, par value $0.001
2010-01-18$7.47/sh−11,291$84,344→ 0 total(indirect: By GRAT) - Gift
Common Stock, par value $0.001
2010-01-18$7.47/sh−11,291$84,344→ 7,031 total - Disposition to Issuer
Recapitalized Cohen Brothers Membership Units
2010-01-18$7.47/sh−44,925$335,590→ 223,520 total(indirect: By GRAT)→ Common Stock, par value $0.001 (44,925 underlying)
Footnotes (3)
- [F1]These 11,291 shares of the Company's common stock and 44,925 recapitalized membership units of Cohen Brothers, LLC ("CB") were distributed to the reporting person by The Christopher Ricciardi Irrevocable Annuity Retained Trust U/A/D January 16, 2008 (the "GRAT"), in satisfaction of a payment due from the GRAT and then were immediately gifted by the reporting person to the reporting person's spouse.
- [F2]The GRAT benefits the reporting person.
- [F3]Each CB membership unit is redeemable at the holder's option, at any time on or after June 16, 2010, for (i) cash in an amount equal to the average of the per share closing prices of the Company's common stock for the ten consecutive trading days immediately preceding the date the Company receives the holder's notice of redemption, or (ii) at the Company's option, one share of the Company's common stock, subject, in each case, to appropriate adjustment upon the occurrence of an issuance of additional shares of the Company's common stock as a dividend or other distribution on the Company's outstanding common stock, or a further subdivision or combination of the outstanding shares of the Company's common stock.