LAMPEN RICHARD (President and CEO) 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: 5/17/2019ACC: 0001209191-19-031127
DirectorOfficer· President and CEO
Since Jun 2018
-333.75K
Net shares
Net seller
$1.13M
Total sold
0
Open market trades
0B · 0S
3
Total transactions
600K acquired · 933.75K disposed
Non-Derivative Transactions2
Common Stock
Direct
Shares
+600K
Price / share
$0.90
Trade value
$540K
% of position
19.9%
5/17/2019
3.01M→3.61M
Common Stock
Direct
Shares
−333.75K
Price / share
$3.39
Trade value
$1.13M
% of position
9.2%
5/17/2019
3.61M→3.27M
Total
Net shares
+266.25K
Net value
-$591.43K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Direct | 5/17/2019 | M · Option Exercise | +600K | $0.90 | $540K | 19.9% | 3.01M | 3.61M |
| Common Stock Direct | 5/17/2019 | F · Tax Withholding | −333.75K | $3.39 | $1.13M | 9.2% | 3.61M | 3.27M |
| Total | +266.25K | -$591.43K | ||||||
Derivative Transactions1
Stock Option (Right to Buy)
Direct
Converts to
Common Stock
600K shares
Shares
−600K
Strike price
0.90
Held after
0.00
Exercisable
—
5/17/2019
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy) Direct | Common Stock600K shares | 5/17/2019 | M · Option Exercise | −600K | 0.90 | — | 0.00 |
Non-Derivative Holdings (Post-Transaction)2
8.00% Series A Cumulative Redeemable Preferred Stock
IndirectShares owned4.20K
Common Stock
IndirectShares owned83.33K
Total
87.53K indirect87.53K
| Security Title | Shares Owned | Ownership Type |
|---|---|---|
| 8.00% Series A Cumulative Redeemable Preferred Stock | 4.20K | Indirect |
| Common Stock | 83.33K | Indirect |
| Total | 87.53K | 87.53K indirect |
Derivative Holdings (Post-Transaction)0
No derivative holdings reported