Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | JMP | Common Shares | Disposed to Issuer | -$1.94M | -258K | -100% | $7.50 | 0 | Nov 15, 2021 | By Trust | F1, F2 |
transaction | JMP | Common Shares | Disposed to Issuer | -$15K | -2K | -100% | $7.50 | 0 | Nov 15, 2021 | Direct | F1 |
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 | -3.68K | -100% | $0.00* | 0 | Nov 15, 2021 | Common Shares | 3.68K | Direct | F3 |
Kenneth M. Karmin is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.
Id | Content |
---|---|
F1 | 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. |
F2 | Reflects common shares held by the Beth and Ken Karmin Family Trust dated November 5, 2009, of which Mr. Karmin is a trustee. |
F3 | Pursuant to the Merger Agreement, all outstanding restricted share units of the Company were assumed by Citizens and replaced with 575 restricted stock units of Citizens representing the right to receive 575 shares of common stock of Citizens, par value $0.01 per share. |