SEC Form 4 · accession 0001209191-19-003787
LADENBURG THALMANN FINANCIAL SERVICES INC. · LTS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Brett Kaufman
Officer — Senior Vice President and CFO
Period of report
Jan 12, 2019
Accepted (ET)
Jan 15, 2019 · 6:12 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 Stock | Jan 12, 2019 | F | 3,903 | $3.12 | D | 277,655 | D | |
| Common Stock | Jan 13, 2019 | F | 3,123 | $3.12 | D | 274,532 | D | |
| Common Stock | Jan 14, 2019 | F | 3,080 | $3.01 | D | 271,452 | D | |
| 8.00% Series A Cumulative Redeemable Preferred StockF2 | holding | — | — | — | 205 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents shares withheld to cover tax withholding obligations in connection with the vesting of shares of restricted stock.
- 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.