SEC Form 4 · accession 0001209191-18-053556
LADENBURG THALMANN FINANCIAL SERVICES INC. · LTS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Adam Scott Malamed
Officer — Executive VP and COO · Director
Period of report
Oct 2, 2018
Accepted (ET)
Oct 3, 2018 · 7:33 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 StockF1 | Oct 2, 2018 | P | 10,000 | $2.50 | A | 1,205,364 | 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 StockF2 | holding | — | — | — | 4,000 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The price reported is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $2.485 to $2.510, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in footnote (1) to this Form 4.
- F2The 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.