Cohen & Co Inc. — Director's Dealing 2019

Feb 15, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Cohen & Co Inc. (COHN)
CIK: 0001270436
Period of Report: 2019-02-13

Reporting Person: COHEN DANIEL G (Director, Chairman and CE Europe, 10% Owner)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-02-13	Cohen & Company, LLC Membership Units	$	A	550000	Acquired		Common Stock, par value $0.01 per share (55000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock, par value $0.01 per share	64113	Direct
Common Stock, par value $0.01 per share	80000	Indirect

Footnotes

F1: Mr. Cohen was awarded 550,000 restricted membership units ("Units") in Cohen & Company, LLC (the "Operating LLC"), a majority owned subsidiary of Cohen & Co Inc. (the "Company"), under the Company's Second Amended and Restated 2010 Long-Term Incentive Plan, as amended. The restrictions expire with respect to half of the Units on January 31, 2020 and expire with respect to the remaining half of the Units on January 31, 2021. Following the expiration of the applicable restrictions on the 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: 4,983,557 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.