Craig R. Johnson - 15 Nov 2021 Form 4 Insider Report for JMP GROUP LLC

Role
Director
Signature
Zac Rosenberg on behalf of Craig R. Johnson
Issuer symbol
N/A
Transactions as of
15 Nov 2021
Net transactions value
-$10,254,150
Form type
4
Filing time
17 Nov 2021, 13:42:13 UTC
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction JMP Common Shares Disposed to Issuer $2,778,285 -370,438 -100% $7.50 0 15 Nov 2021 Direct F2
transaction JMP Common Shares Disposed to Issuer $7,475,865 -996,782 -100% $7.50 0 15 Nov 2021 By Trust F2, F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction JMP Restricted Share Unit Disposed to Issuer $0 -13,097 -100% $0.000000* 0 15 Nov 2021 Common Shares 13,097 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Craig R. Johnson is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Pursuant to the Merger Agreement, all outstanding restricted share units of the Company were assumed by Citizens and replaced with 2,046 restricted stock units of Citizens representing the right to receive 2,046 shares of common stock of Citizens, par value $0.01 per share.
F2 Disposed of pursuant to the Agreement and Plan of Merger, dated as of September 8, 2021 (as amended from time to time, the "Merger Agreement"), among JMP Group LLC (the "Company"), Citizens Financial Group, Inc. ("Citizens") and Jolt Acquisition LLC, in exchange for $7.50 per share in cash, without interest.
F3 Held by the Johnson Revocable Trust, UAD 07/02/97.