SEC Form 4 · accession 0001209191-18-034730
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
May 30, 2018
Accepted (ET)
Jun 1, 2018 · 4:51 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 StockF1 | May 30, 2018 | A | 30,000 | $0.00 | A | 2,722,887 | D | |
| Common StockF2 | holding | — | — | — | 522,027 | I | Lorber Alpha II Limited Partnership | |
| Common Stock | holding | — | — | — | 67 | I | By Howard Lorber Rollover IRA |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Restricted shares of common stock issued pursuant to the issuer's Amended and Restated 2009 Incentive Compensation Plan. Restricted shares vest in two equal annual installments commencing on the first anniversary of the date of grant provided Mr. Lorber is then still a director of the issuer, subject to earlier vesting upon his death or disability or a change of control of the issuer.
- F2Lorber Alpha II LLC, a Delaware limited liability company, is the general partner of Lorber Alpha II Limited Partnership, a Nevada limited partnership. The reporting person serves as the Managing Member of Lorber Alpha II LLC and has voting and dispositive power with respect to such shares.