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Cohen & Co Inc. — Director's Dealing 2022
Dec 20, 2022
34911_dirs_2022-12-20_583c8a4d-5dc3-4d4c-bbdf-326051afdf2f.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Cohen & Co Inc. (COHN)
CIK: 0001270436
Period of Report: 2022-12-20
Reporting Person: Brafman Lester Raymond (Chief Executive Officer)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-12-20 | Cohen & Company, LLC Membership Units | $ | A | 211000 | Acquired | Common Stock, par value $0.01 per share (21100) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock, par value $0.01 per share | 315702 | Direct |
Footnotes
F1: Mr. Brafman was awarded 211,000 restricted membership units ("Units") in Cohen & Company, LLC (the "Operating LLC"), a subsidiary of Cohen & Co Inc. (the "Company"), under the Company's 2020 Long-Term Incentive Plan, as amended. The restrictions expire with respect to one-third of the Units on each of January 31, 2024, January 31, 2025 and January 31, 2026. Following the expiration of the applicable restrictions on the Units, Mr. Brafman may cause the Operating LLC to redeem such Units at any time for, at the Company's option, (i) cash or (ii) one share of the Company's common stock for every ten Units.