SEC Form 4 · accession 0001209191-17-067644
LADENBURG THALMANN FINANCIAL SERVICES INC. · LTS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mark Zeitchick
Officer — Executive Vice President · Director
Period of report
Dec 28, 2017
Accepted (ET)
Dec 29, 2017 · 4:52 pm EST
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 StockF2 | Dec 28, 2017 | G | 5,847 | $0.00 | D | 1,180,447 | D | |
| Common StockF3,F4 | Dec 28, 2017 | G | 19,000 | $0.00 | D | 598,125 | I | Held by the Mark Zeitchick 2016 Revocable Trust |
| Common StockF5 | holding | — | — | — | 1,514,211 | I | Held by MZ Trading LLC, of which Mr. Zeitchick is the sole managing member | |
| 8.00% Series A Cumulative Redeemable Preferred StockF6,F4 | holding | — | — | — | 4,000 | I | Held by the Mark Zeitchick 2016 Revocable Trust |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Transfer of shares as a charitable donation.
- F2Includes the transfer of 1,186,294 shares from MZ Trading LLC.
- F3Includes the transfer of 617,125 shares from MZ Trading LLC.
- F4The reporting person is the trustee of the above-listed trust.
- F5Includes the transfer of (i) 1,186,294 shares from MZ Trading LLC to the reporting person and (ii) 617,125 shares from MZ Trading LLC to the Mark Zeitchick 2016 Revocable Trust.
- F6Includes the transfer of 4,000 shares from MZ Trading LLC. The 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.