Cohen & Co Inc. — Director's Dealing 2013

Sep 27, 2013

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: INSTITUTIONAL FINANCIAL MARKETS, INC. (IFMI)
CIK: 0001270436
Period of Report: 2013-09-25

Reporting Person: EBC 2013 Family Trust (10% Owner)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock, par value $0.001	800000	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Convertible Senior Promissory Note	$3.00	2018-09-25	Common Stock, par value $0.001 (800000)		Direct

Footnotes

F1: Under certain situations, Institutional Financial Markets, Inc. (the "Company") can elect to pay interest on the convertible senior promissory note by increasing the principal amount of the note. If the Company elects this option, the number of shares into which the note converts will increase. The maximum number of shares of the Company's common stock (subject to customary anti-dilution adjustments) into which the note can convert is 1,189,104 shares (assuming no interest is paid in cash).