Orszag Jonathan M 4
4 · JMP GROUP LLC · Filed Nov 17, 2021
Insider Transaction Report
Form 4
Orszag Jonathan M
Director
Transactions
- Disposition to Issuer
Common Shares
2021-11-15$7.50/sh−104,513.483$783,851→ 0 total - Disposition to Issuer
Common Shares
2021-11-15$7.50/sh−78,812$591,090→ 0 total(indirect: By Trust) - Disposition to Issuer
Restricted Share Unit
2021-11-15−2,457→ 0 total→ Common Shares (2,457 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 Jonathan Orszag Revocable Trust, of which Mr. Orszag is a trustee.
- [F3]Pursuant to the Merger Agreement, all outstanding restricted share units of the Company were assumed by Citizens and replaced with 384 restricted stock units of Citizens representing the right to receive 384 shares of common stock of Citizens, par value $0.01 per share.