MALAMED ADAM SCOTT (Executive VP and COO) 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: 0001209191-19-031137
Officer· Executive VP and COO
Since Aug 2018
-111.25K
Net shares
Net seller
$377.1K
Total sold
0
Open market trades
0B · 0S
3
Total transactions
200K acquired · 311.25K disposed
Non-Derivative Transactions2
Common Stock
Direct
Shares
+200K
Price / share
$0.90
Trade value
$180K
% of position
13.3%
5/17/2019
1.50M→1.70M
Common Stock
Direct
Shares
−111.25K
Price / share
$3.39
Trade value
$377.14K
% of position
6.5%
5/17/2019
1.70M→1.59M
Total
Net shares
+88.75K
Net value
-$197.14K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Direct | 5/17/2019 | M · Option Exercise | +200K | $0.90 | $180K | 13.3% | 1.50M | 1.70M |
| Common Stock Direct | 5/17/2019 | F · Tax Withholding | −111.25K | $3.39 | $377.14K | 6.5% | 1.70M | 1.59M |
| Total | +88.75K | -$197.14K | ||||||
Derivative Transactions1
Stock Option (Right to Purchase)
Direct
Converts to
Common Stock
200K shares
Shares
−200K
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 Purchase) Direct | Common Stock200K shares | 5/17/2019 | M · Option Exercise | −200K | 0.90 | — | 0.00 |
Non-Derivative Holdings (Post-Transaction)2
Common Stock
IndirectShares owned5K
8.00% Series A Cumulative Redeemable Preferred Stock
DirectShares owned4K
Total
4K direct·5K indirect9K
| Security Title | Shares Owned | Ownership Type |
|---|---|---|
| Common Stock | 5K | Indirect |
| 8.00% Series A Cumulative Redeemable Preferred Stock | 4K | Direct |
| Total | 9K | 4K direct·5K indirect |
Derivative Holdings (Post-Transaction)0
No derivative holdings reported