Key facts
- This page summarizes Joseph A. Jolson's Form 4 filing for JMP GROUP LLC.
- 5 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 17 Nov 2021, 13:35.
Joseph A. Jolson - 15 Nov 2021 Form 4 Insider Report for JMP GROUP LLC
- Reporting relationship
- CEO, Director, 10%+ Owner
- Issuer ticker
- N/A
- Reported as of
- 15 Nov 2021
- Net transaction value
- -$50,741,520
- SEC form
- 4
- Accepted by SEC
- 17 Nov 2021, 13:35:12 UTC
- Prior SEC filing
- 09 Jun 2021
- Source filing
- View source filing
- Reporting owner signature
- Zac Rosenberg on behalf of Joseph A. Jolson
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
Joseph A. Jolson filed Form 4 for JMP GROUP LLC on 17 Nov 2021.
Change
- Previous filing in this sequence was filed on 09 Jun 2021.
- Current net transaction value: -$50,741,520.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
JMP
transaction
Common Shares
Disposed to Issuer
- Transaction value
- $562,500
- Shares
- -75,000
- Change %
- -100%
- Price
- $7.50
- Shares after
- 0
- Date
- 15 Nov 2021
- Ownership
- By Foundation
- Footnotes
- F1, F2
JMP
transaction
Common Shares
Disposed to Issuer
- Transaction value
- $273,000
- Shares
- -36,400
- Change %
- -100%
- Price
- $7.50
- Shares after
- 0
- Date
- 15 Nov 2021
- Ownership
- Direct
- Footnotes
- F1
JMP
transaction
Common Shares
Disposed to Issuer
- Transaction value
- $39,944,445
- Shares
- -5,325,926
- Change %
- -100%
- Price
- $7.50
- Shares after
- 0
- Date
- 15 Nov 2021
- Ownership
- By Jolson 1991 Trust
- Footnotes
- F1, F3
JMP
transaction
Common Shares
Disposed to Issuer
- Transaction value
- $9,961,575
- Shares
- -1,328,210
- Change %
- -100%
- Price
- $7.50
- Shares after
- 0
- Date
- 15 Nov 2021
- Ownership
- By Jolson 1996 Trust
- Footnotes
- F1, F4
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
JMP
transaction
Derivative
Restricted Share Unit
Disposed to Issuer
- Transaction value
- $0
- Shares
- -125,129
- Change %
- -100%
- Price
- $0.000000*
- Shares after
- 0
- Date
- 15 Nov 2021
- Ownership
- Direct
- Underlying class
- Common Shares
- Underlying amount
- 125,129
- Exercise price
- Footnotes
- F5
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Section 16 status
Joseph A. Jolson is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.
Explanation of responses 5 footnotes
Footnote 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.
Footnote F2
Reflects common shares held by The Jolson Family Foundation, of which Mr. Jolson is President and Treasurer. Mr. Jolson disclaims beneficial ownership of the shares.
Footnote F3
Reflects common shares held by the Joseph A. Jolson 1991 Trust, of which Mr. Jolson is a trustee.
Footnote F4
Reflects common shares held by the Joseph A. Jolson 1996 Trust dtd 3/7/96, of which Mr. Jolson is a trustee.
Footnote F5
Pursuant to the Merger Agreement, all outstanding restricted share units of the Company were assumed by Citizens and replaced with 19,558 restricted stock units of Citizens representing the right to receive 19,558 shares of common stock of Citizens, par value $0.01 per share.