SEC Form 4 · accession 0001209191-16-130592
LADENBURG THALMANN FINANCIAL SERVICES INC. · LTS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Adam Scott Malamed
Officer — Chief Operating Officer
Period of report
Jun 29, 2016
Accepted (ET)
Jul 1, 2016 · 6:26 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001029730
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Jun 29, 2016 | M | 301,500 | $0.94 | A | 904,978 | D | |
| Common Stock | Jun 29, 2016 | F | 183,591 | $2.30 | D | 721,387 | D | |
| Common Stock | holding | — | — | — | 5,000 | I | Held by the NFS/FMTC IRA for the benefit of Adam Malamed | |
| 8.00% Series A Cumulative Redeemable Preferred StockF1 | holding | — | — | — | 4,000 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Warrant | $0.94 | Jun 29, 2016 | M | 301,500 | D | Sep 11, 2010 | Sep 11, 2016 | Common Stock | 301,500 | 0 | D |
Explanation of responses
- F1The 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.