Jolson Joseph A 4
4 · JMP GROUP LLC · Filed Nov 17, 2021
Insider Transaction Report
Form 4
Jolson Joseph A
DirectorCEO10% Owner
Transactions
- Disposition to Issuer
Common Shares
2021-11-15$7.50/sh−75,000$562,500→ 0 total(indirect: By Foundation) - Disposition to Issuer
Restricted Share Unit
2021-11-15−125,129→ 0 total→ Common Shares (125,129 underlying) - Disposition to Issuer
Common Shares
2021-11-15$7.50/sh−5,325,926$39,944,445→ 0 total(indirect: By Trust) - Disposition to Issuer
Common Shares
2021-11-15$7.50/sh−1,328,210$9,961,575→ 0 total(indirect: By Trust) - Disposition to Issuer
Common Shares
2021-11-15$7.50/sh−36,400$273,000→ 0 total
Footnotes (5)
- [F1]Disposed of pursuant to the Agreement and Plan of Merger, dated as of September 8, 2021 (as amended from time to time, the "Merger Agreement"), among JMP Group LLC (the "Company"), Citizens Financial Group, Inc. ("Citizens") and Jolt Acquisition LLC, in exchange for $7.50 per share in cash, without interest.
- [F2]Reflects common shares held by The Jolson Family Foundation, of which Mr. Jolson is President and Treasurer. Mr. Jolson disclaims beneficial ownership of the shares.
- [F3]Reflects common shares held by the Joseph A. Jolson 1991 Trust, of which Mr. Jolson is a trustee.
- [F4]Reflects common shares held by the Joseph A. Jolson 1996 Trust dtd 3/7/96, of which Mr. Jolson is a trustee.
- [F5]Pursuant to the Merger Agreement, all outstanding restricted share units of the Company were assumed by Citizens and replaced with 19,558 restricted stock units of Citizens representing the right to receive 19,558 shares of common stock of Citizens, par value $0.01 per share.