LADENBURG THALMANN FINANCIAL SERVICES INC. 4
4 · LADENBURG THALMANN FINANCIAL SERVICES INC. · Filed May 26, 2017
Insider Transaction Report
Form 4
Simkin Jacqueline M
Director
Transactions
- Award
Common Stock
2017-05-24+30,000→ 30,000 total
Holdings
- 8,000(indirect: By Trust)
8.00% Series A Cumulative Redeemable Preferred Stock
- 1,845,443(indirect: By Trust)
Common Stock
- 158,000(indirect: By Trust)
Common Stock
Footnotes (6)
- [F1]Restricted shares of common stock issued pursuant to the issuer's Amended and Restated 2009 Incentive Compensation Plan. Restricted shares vest in two equal annual installments commencing on the first anniversary of the date of grant provided Ms. Simkin is then still a director of the issuer, subject to earlier vesting upon her death or disability or a change of control of the issuer.
- [F2]Includes the transfer of (i) 194,500 shares from The LTS #2 Grantor Retained Annuity Trust dtd 11/18/11 and (ii) 23,000 shares from The Jacqueline Simkin Charitable Remainder Unitrust dtd 09/06/2002 to The Jacqueline Simkin Revocable Trust as Amended & Restated 12/16/03.
- [F3]The reporting person is the trustee of the above-listed trust.
- [F4]Includes the transfer of 23,000 shares from The Jacqueline Simkin Charitable Remainder Unitrust dtd 09/06/2002 to The Jacqueline Simkin Revocable Trust as Amended & Restated 12/16/03.
- [F5]The reporting person is a co-trustee of the above-listed trust and disclaims beneficial ownership except to the extent of her pecuniary interest therein. This report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for Section 16 or any other purpose.
- [F6]The 8.00% Series A Cumulative Redeemable Preferred Stock is convertible into common stock at a non-fixed conversion rate in connection with a change of control as described in the issuer's Current Report on Form 8-K, filed with the Securities and Exchange Commission on May 24, 2013.