Filing Details
- Accession Number:
- 0001209191-18-030265
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2018-05-15 17:29:27
- Reporting Period:
- 2018-05-11
- Accepted Time:
- 2018-05-15 17:29:27
- 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 | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1380207 | Saul Gilinski | Capscanada 1893 S.w. Third Street Pompano Beach FL 33069 | Yes | No | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Disposition | 2018-05-11 | 20,000 | $3.78 | 1,513,860 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2018-05-14 | 15,600 | $3.81 | 1,498,260 | No | 4 | S | Direct | |
| Common Stock | Acquisiton | 2018-05-14 | 20,000 | $1.88 | 1,518,260 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2018-05-14 | 9,869 | $3.81 | 1,508,391 | No | 4 | F | Direct | |
| Common Stock | Acquisiton | 2018-05-14 | 20,000 | $0.73 | 1,528,391 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2018-05-14 | 3,832 | $3.81 | 1,524,559 | No | 4 | F | Direct | |
| Common Stock | Acquisiton | 2018-05-14 | 20,000 | $1.11 | 1,544,559 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2018-05-14 | 5,827 | $3.81 | 1,538,732 | No | 4 | F | Direct | |
| Common Stock | Acquisiton | 2018-05-14 | 20,000 | $1.79 | 1,558,732 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2018-05-14 | 9,396 | $3.81 | 1,549,336 | No | 4 | F | Direct | |
| Common Stock | Acquisiton | 2018-05-14 | 20,000 | $1.32 | 1,569,336 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2018-05-14 | 6,929 | $3.81 | 1,562,407 | No | 4 | F | Direct | |
| Common Stock | Disposition | 2018-05-15 | 6,400 | $3.73 | 1,556,007 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | S | Direct | |
| No | 4 | S | Direct | |
| No | 4 | M | Direct | |
| No | 4 | F | Direct | |
| No | 4 | M | Direct | |
| No | 4 | F | Direct | |
| No | 4 | M | Direct | |
| No | 4 | F | Direct | |
| No | 4 | M | Direct | |
| No | 4 | F | Direct | |
| No | 4 | M | Direct | |
| No | 4 | F | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Stock Option (Right to Buy) | Disposition | 2018-05-14 | 20,000 | $0.00 | 20,000 | $1.88 |
| Common Stock | Stock Option (Right to Buy) | Disposition | 2018-05-14 | 20,000 | $0.00 | 20,000 | $0.73 |
| Common Stock | Stock Option (Right to Buy) | Disposition | 2018-05-14 | 20,000 | $0.00 | 20,000 | $1.11 |
| Common Stock | Stock Option (Right to Buy) | Disposition | 2018-05-14 | 20,000 | $0.00 | 20,000 | $1.79 |
| Common Stock | Stock Option (Right to Buy) | Disposition | 2018-05-14 | 20,000 | $0.00 | 20,000 | $1.32 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | 2009-06-06 | 2018-06-05 | No | 4 | M | Direct |
| 0 | 2010-08-27 | 2019-08-27 | No | 4 | M | Direct |
| 0 | 2011-09-24 | 2020-09-24 | No | 4 | M | Direct |
| 0 | 2012-11-10 | 2021-11-10 | No | 4 | M | Direct |
| 30,000 | 2013-09-28 | 2022-09-28 | No | 4 | M | Direct |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| 8.00% Series A Cumulative Redeemable Preferred Stock | 26,000 | Direct |
Footnotes
- The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $3.75 to $3.81, 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 sold at each separate price within the range set forth in footnote (1) to this Form 4.
- The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $3.76 to $3.83, 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 sold at each separate price within the range set forth in footnote (2) to this Form 4.
- Represents shares withheld to cover the exercise price of the options exercised.
- The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $3.71 to $3.76, 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 sold at each separate price within the range set forth in footnote (4) to this Form 4.
- 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 Articles of Amendment to the Articles of Incorporation filed with the Securities and Exchange Commission as Exhibit 3.1 to the issuer's Form 8-K on June 25, 2013.
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