LORBER HOWARD M exercised options at LADENBURG THALMANN FINANCIAL SERVICES INC.
Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.
M · 2 exercises
Filed: 5/17/2019ACC: 0001209191-19-031131
Director
Since Oct 2018
-407.96K
Net shares
Net seller
$1.38M
Total sold
0
Open market trades
0B · 0S
5
Total transactions
620K acquired · 1.03M disposed
Non-Derivative Transactions3
Common Stock
Direct
Shares
+20K
Price / share
$0.73
Trade value
$14.60K
% of position
0.7%
5/17/2019
2.84M→2.86M
Common Stock
Direct
Shares
+600K
Price / share
$0.90
Trade value
$540K
% of position
21.0%
5/17/2019
2.86M→3.46M
Common Stock
Direct
Shares
−407.96K
Price / share
$3.39
Trade value
$1.38M
% of position
11.8%
5/17/2019
3.46M→3.06M
Total
Net shares
+212.04K
Net value
-$828.37K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Direct | 5/17/2019 | M · Option Exercise | +20K | $0.73 | $14.60K | 0.7% | 2.84M | 2.86M |
| Common Stock Direct | 5/17/2019 | M · Option Exercise | +600K | $0.90 | $540K | 21.0% | 2.86M | 3.46M |
| Common Stock Direct | 5/17/2019 | F · Tax Withholding | −407.96K | $3.39 | $1.38M | 11.8% | 3.46M | 3.06M |
| Total | +212.04K | -$828.37K | ||||||
Derivative Transactions2
Stock Option (Right to Buy)
Direct
Converts to
Common Stock
20K shares
Shares
−20K
Strike price
0.73
Held after
0.00
Exercisable
—
5/17/2019
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 Stock20K shares | 5/17/2019 | M · Option Exercise | −20K | 0.73 | — | 0.00 |
| 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
Common Stock
IndirectShares owned67.00
Common Stock
IndirectShares owned522.03K
Total
522.09K indirect522.09K
| Security Title | Shares Owned | Ownership Type |
|---|---|---|
| Common Stock | 67.00 | Indirect |
| Common Stock | 522.03K | Indirect |
| Total | 522.09K | 522.09K indirect |
Derivative Holdings (Post-Transaction)0
No derivative holdings reported