Statement of Changes in Beneficial Ownership (4)
03 January 2020 - 8:31AM
Edgar (US Regulatory)
FORM 4
[X]
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
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COHEN DANIEL G |
2. Issuer Name and Ticker or Trading Symbol
Cohen & Co Inc.
[
COHN
]
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5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director __X__ 10% Owner __X__ Officer (give title below) _____ Other (specify below) Chairman and CE Europe |
(Last)
(First)
(Middle)
C/O COHEN & CO INC.,, 2929 ARCH STREET, 17TH FLOOR |
3. Date of Earliest Transaction
(MM/DD/YYYY)
12/30/2019 |
(Street)
PHILADELPHIA, PA 19104-2870
(City)
(State)
(Zip)
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4. If Amendment, Date Original Filed
(MM/DD/YYYY)
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6. Individual or Joint/Group Filing
(Check Applicable Line)
_X
_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
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Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
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1.Title of Security (Instr. 3)
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2. Trans. Date
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2A. Deemed Execution Date, if any
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3. Trans. Code (Instr. 8)
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4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)
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5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)
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6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)
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7. Nature of Indirect Beneficial Ownership (Instr. 4)
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Code
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V
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Amount
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(A) or (D)
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Price
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Common Stock, par value $0.01 per share | | | | | | | | 64113 | D | |
Common Stock, par value $0.01 per share | | | | | | | | 80000 | I | By EBC 2013 Family Trust |
Common Stock, par value $0.01 per share | | | | | | | | 76240 | I | By Cohen Bros. Financial, LLC |
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
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1. Title of Derivate Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Trans. Date | 3A. Deemed Execution Date, if any | 4. Trans. Code (Instr. 8) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) | 6. Date Exercisable and Expiration Date | 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) | 8. Price of Derivative Security (Instr. 5) | 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) |
Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
Cohen & Company, LLC Membership Units | (1)(2) | 12/30/2019 | | A | | 12549273 | | (1)(2) | (1)(2) | Common Stock, par value $0.01 per share | 1254927 (1)(2) | (1)(2) | 17801275 | D | |
Explanation of Responses: |
(1) | Mr. Cohen purchased from (i) Cohen & Company, LLC (the "Operating LLC"), a subsidiary of Cohen & Co Inc. (the "Company"), 12,549,273 newly issued units of membership interests in the Operating LLC (the "LLC Units"); (ii) the Company 12,549,273 shares of newly issued Series F Voting Non-Convertible Preferred Stock of the Company, par value $0.001 per share ("Series F Stock"). In consideration of the issuance of the LLC Units and the shares of Series F Stock, Mr. Cohen transferred to the Operating LLC 370,881 shares of the common stock, par value $0.0001 per share ("IMXI Common Stock"), of International Money Express, Inc. (formerly FinTech Acquisition Corp. II), a Delaware corporation. |
(2) | In accordance with the purchase agreement pursuant to which Mr. Cohen purchased the LLC Units and the shares of Series F Stock, until the Company's stockholders approve the issuance of the shares of Common Stock into which the LLC Units are redeemable, Mr. Cohen may not redeem the LLC Units if such redemption would result in the Company issuing a number of shares of Common Stock that, when aggregated with any shares of Common Stock previously issued in connection with a redemption of the LLC Units, equals or exceeds 133,447 shares of Common Stock. The Series F Stock do not have any economic rights, but each share of Series F Stock entitles the holder thereof to one vote for every ten shares held and the holders of Series F Stock will vote together with the holders of Common Stock on all matters properly submitted for their vote. |
Reporting Owners
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Reporting Owner Name / Address | Relationships |
Director | 10% Owner | Officer | Other |
COHEN DANIEL G C/O COHEN & CO INC., 2929 ARCH STREET, 17TH FLOOR PHILADELPHIA, PA 19104-2870 | X | X | Chairman and CE Europe |
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Signatures
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/s/ Joseph W. Pooler, Jr., as attorney-in-fact | | 1/2/2020 |
**Signature of Reporting Person | Date |
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