Company: COHN
Filing Date: 2025-04-17
Form Type: DEF 14A
Source: 0001104659-25-035625
Chunk: 100

Company: Cohen & Co Inc.
Filing Date: 2025-04-17
Form: DEF 14A
Chunk 100
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COHEN & COMPANY INC. INC.
2020 LONG-TERM INCENTIVE PLAN This AMENDMENT NO. 3 TO THE COHEN & COMPANY INC. 2020 LONG-TERM INCENTIVE PLAN (this “ Amendment ”) by Cohen & Company Inc., a Maryland corporation (the “ Company ”), is dated as of March 28, 2025 (the “ Effective Date ”). WHEREAS, the Company maintains the Cohen & Company Inc. 2020 Long-Term Incentive Plan, as amended (the “ Plan ”); WHEREAS, the Board has deemed it in the best interests of the Company to amend the Plan, pursuant to Section 13 of the Plan, to increase the number of shares of the Company’s common stock, par value $0.01 per share, available for Awards under the Plan from 1,900,000 shares to 2,500,000 shares, subject to Stockholder Approval (as defined below); WHEREAS, in accordance with the requirements of the NYSE American, the Company intends to submit this Amendment to the stockholders of the Company for approval (“ Stockholder Approval ”) at the Company’s 2025 annual meeting of stockholders; and WHEREAS, capitalized terms used but not defined herein shall have the respective meanings ascribed thereto in the Plan. AMENDMENT 1. Amendment of Section 4.1(a). Upon Stockholder Approval of the Amendment, Section 4.1(a) is hereby stricken in its entirety and replaced with the following: “(a) Subject to adjustments as provided in Section 14, the total number of Shares subject to Awards granted under the Plan (including securities convertible into or exchangeable for Shares), in the aggregate, may not exceed 2,500,000. Shares distributed under the Plan may be treasury Shares or authorized but unissued Shares. Any Shares that have been granted as Restricted Stock or that have been reserved for distribution in payment for Options, RSUs or other equity-based Awards but are later forfeited or for any other reason are not payable under the Plan may again be made the subject of Awards under the Plan.” 2. Amendment of Section 4.2. Upon Stockholder Approval of the Amendment, Section 4.2 is hereby stricken in its entirety and replaced with the following: “4.2 Options. Subject to adjustments pursuant to Section 14, and subject to the last sentence of Section 4.1(a), Options with respect to an aggregate of no more than