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Filing Details

Accession Number:: 0001209191-14-074807
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2014-12-12 09:02:54
Reporting Period:: 2014-12-11

Filing Date:: 2014-12-12
Accepted Time:: 2014-12-12 09:02:54
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1029730	Ladenburg Thalmann Financial Services Inc	LTS	Security Brokers, Dealers & Flotation Companies (6211)	650701248

Insiders

Cik	Name	Reported Address	Director	Officer	Large Shareholder	Other
898860	Al Et Md Phillip Frost	4400 Biscayne Boulevard Miami FL 33137	Yes	No	Yes	No
1380896	Trust Investments Gamma Frost	4400 Biscayne Boulevard Miami FL 33137	No	No	Yes	No
1464124	Trust Investments Nevada Frost	4400 Biscayne Boulevard Miami FL 33137	No	No	Yes	No

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Acquisiton	2014-12-11	150,000	$3.81	12,428,699	No	4	P	Indirect	Frost Gamma Investments Trust

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Indirect	Frost Gamma Investments Trust

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	43,013,431	Indirect	Frost Nevada Investments Trust
8.00% Series A Cumulative Redeemable Preferred Stock	910,000	Indirect	Frost Nevada Investments Trust

Footnotes

The price reported is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $3.71 to $3.86, 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.
These securities are held by Frost Gamma Investments Trust, of which the Reporting Person is the trustee and Frost Gamma, L.P. is the sole and exclusive beneficiary. The Reporting Person is one of two limited partners of Frost Gamma, L.P. The general partner of Frost Gamma, L.P. is Frost Gamma, Inc., and the sole shareholder of Frost Gamma, Inc. is Frost-Nevada Corporation. The Reporting Person is also the sole shareholder of Frost-Nevada Corporation.
These securities are held by Frost Nevada Investments Trust, of which the Reporting Person is the trustee and Frost-Nevada, L.P. is the sole and exclusive beneficiary. The Reporting Person is one of five limited partners of Frost-Nevada, L.P. and the sole shareholder of Frost-Nevada Corporation, the sole general partner of Frost-Nevada, L.P.
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.