GIOVANNIELLO JOSEPH (Senior Vice President) exercised options at LADENBURG THALMANN FINANCIAL SERVICES INC.
Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.
M · 1 exercise
Filed: 1/9/2020ACC: 0001209191-20-002656
Officer· Senior Vice President
Since Jun 2018
0.00
Net shares
Net seller
$45.0K
Total acquired
0
Open market trades
0B · 0S
2
Total transactions
50K acquired · 50K disposed
Non-Derivative Transactions1
Common Stock
Direct
Shares
+50K
Price / share
$0.90
Trade value
$45K
% of position
11.8%
1/7/2020
423.21K→473.21K
Total
Net shares
+50K
Net value
$45K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Direct | 1/7/2020 | M · Option Exercise | +50K | $0.90 | $45K | 11.8% | 423.21K | 473.21K |
| Total | +50K | $45K | ||||||
Derivative Transactions1
Stock Option (Right to Buy)
Direct
Converts to
Common Stock
50K shares
Shares
−50K
Strike price
0.90
Held after
0.00
Exercisable
—
1/7/2020
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy) Direct | Common Stock50K shares | 1/7/2020 | M · Option Exercise | −50K | 0.90 | — | 0.00 |
Non-Derivative Holdings (Post-Transaction)1
8.00% Series A Cumulative Redeemable Preferred Stock
DirectShares owned2K
Total
2K direct2K
| Security Title | Shares Owned | Ownership Type |
|---|---|---|
| 8.00% Series A Cumulative Redeemable Preferred Stock | 2K | Direct |
| Total | 2K | 2K direct |
Derivative Holdings (Post-Transaction)0
No derivative holdings reported