Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
holding | COHN | Common Stock, par value $0.01 per share | 24K | Dec 21, 2023 | Direct | ||||||
holding | COHN | Common Stock, par value $0.01 per share | 80K | Dec 21, 2023 | By EBC 2013 Family Trust | ||||||
holding | COHN | Common Stock, par value $0.01 per share | 78.7K | Dec 21, 2023 | By Cohen Bros. Financial, LLC |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | COHN | Cohen & Company, LLC Membership Units | Award | $0 | +211K | +0.92% | $0.00 | 23.2M | Dec 21, 2023 | Common Stock, par value $0.01 per share | 21.1K | Direct | F1, F2 |
Id | Content |
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F1 | Mr. Cohen was awarded 211,000 restricted membership units ("Units") in Cohen & Company, LLC (the "Operating LLC"), a subsidiary of Cohen & Co Inc. (the "Company"), under the Company's 2020 Long-Term Incentive Plan, as amended. The restrictions expire with respect to one-third of the Units on each of January 31, 2025, January 31, 2026 and January 31, 2027. Following the expiration of the restrictions on the applicable Units, Mr. Cohen may cause the Operating LLC to redeem such Units at any time thereafter for, at the Company's option, (i) cash or (ii) one share of the Company's common stock for every ten Units. |
F2 | 5,252,002 membership units in the Operating LLC are owned by Cohen Bros. Financial, LLC, a Delaware limited liability company of which Mr. Cohen is the sole member. |