Karmin Kenneth M 4
4 · JMP GROUP LLC · Filed Nov 17, 2021
Insider Transaction Report
Form 4Exit
Karmin Kenneth M
Director
Transactions
- Disposition to Issuer
Common Shares
[F1][F2]2021-11-15$7.50/sh−258,039$1,935,293→ 0 total(indirect: By Trust) - Disposition to Issuer
Common Shares
[F1]2021-11-15$7.50/sh−2,000$15,000→ 0 total - Disposition to Issuer
Restricted Share Unit
[F3]2021-11-15−3,683→ 0 total→ Common Shares (3,683 underlying)
Footnotes (3)
- [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 Beth and Ken Karmin Family Trust dated November 5, 2009, of which Mr. Karmin is a trustee.
- [F3]Pursuant to the Merger Agreement, all outstanding restricted share units of the Company were assumed by Citizens and replaced with 575 restricted stock units of Citizens representing the right to receive 575 shares of common stock of Citizens, par value $0.01 per share.
Signature
Zac Rosenberg on behalf of Kenneth M. Karmin|2021-11-17