SEC Form 4 · accession 0001246360-16-007287
JMP GROUP LLC · JMP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mark L Lehmann
Officer — President, JMP Securities · Director
Period of report
Dec 1, 2016
Accepted (ET)
Dec 5, 2016 · 6:42 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001302350
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common SharesF2 | Dec 1, 2016 | M | 10,232 | $0.00 | A | 20,257 | D | |
| Common SharesF4 | Dec 1, 2016 | F | 3,845 | $6.22 | D | 16,412 | D | |
| Common SharesF1 | holding | — | — | — | 720,826 | I | By Trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Share UnitF3 | $0.00 | Dec 1, 2016 | M | 10,232 | D | Dec 1, 2016 | Dec 1, 2016 | Common Shares | 10,232 | 0 | D |
Explanation of responses
- F1Held by the Lehmann Trust dtd 3/4/2009.
- F2Acquisition of common shares resulting from the vesting and delivery of the remaining 50% of the restricted share units granted on February 4, 2015.
- F3Each unit represents a right to receive one common share or an amount equal to the fair market value of one common share on the applicable vesting date.
- F4Disposition of common shares to the Issuer resulting from the withholding of securities for the payment of tax liability relating to the vesting and delivery of the remaining 50% of the restricted share units granted on February 4, 2015.