SEC Form 4 · accession 0001209191-16-147368
LADENBURG THALMANN FINANCIAL SERVICES INC. · LTS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Howard M Lorber
Director
Period of report
Oct 28, 2016
Accepted (ET)
Oct 31, 2016 · 7:52 am 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 | Oct 28, 2016 | M | 20,000 | $1.39 | A | 2,599,995 | D | |
| Common StockF1 | holding | — | — | — | 522,027 | I | Lorber Alpha II Partnership | |
| Common Stock | holding | — | — | — | 67 | I | By Howard Lorber Rollover IRA |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy) | $1.39 | Oct 28, 2016 | M | 20,000 | D | Nov 6, 2007 | Nov 5, 2016 | Common Stock | 20,000 | 0 | D |
Explanation of responses
- F1Held by Lorber Alpha II Limited Partnership, a Nevada limited partnership. Lorber Alpha II, Inc., a Nevada corporation, is the general partner of Lorber Alpha II Limited Partnership. Mr. Lorber is the director, officer and principal stockholder of Lorber Alpha II, Inc.