Company: COHN
Filing Date: 2025-04-17
Form Type: DEF 14A
Source: 0001104659-25-035625
Chunk: 37

Company: Cohen & Co Inc.
Filing Date: 2025-04-17
Form: DEF 14A
Chunk 37
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-third of these shares on each of January 31, 2026, January 31, 2027 and January 31, 2028, in each case, so long as Mr. Pooler is then employed by the Company or any of its subsidiaries. (11) Effective December 21, 2023, 15,500 restricted shares of our common stock were awarded to Mr. Pooler for his performance in 2023. These shares were awarded under the 2020 Long-Term Incentive Plan. The grant date fair value per share of these shares was $6.77. Of these common shares, 5,166 commons shares vested and were delivered to Mr. Pooler on January 31, 2025, and 5,167 restricted common shares and 5,167 restricted common shares will vest and be delivered to Mr. Pooler on January 31, 2026 and January 31, 2027, respectively, in each case, so long as Mr. Pooler is then employed by the Company or any of its subsidiaries. In March 2024, after consulting with Lester Brafman, the Company’s Chief Executive Officer, the Compensation Committee determined that 2024 incentive plan compensation target equity and cash bonus amounts, based on the Company’s performance would be at the Compensation Committee’s discretion, considering both qualitative and quantitative achievements during the year. Subject to the Compensation Committee’s review of the Company’s performance in general, and at the Compensation Committee’s discretion, cash and equity bonuses would be determined by the Compensation Committee. No executive officer, other than Mr. Brafman, had any role in determining or recommending the amount or form of 2024 executive officer compensation. As reflected under the “Bonus” column in the Summary Compensation Table above, Messrs. Brafman, Cohen, and Pooler were awarded performance-based cash bonus awards in the amounts of $2,031,000, $2,000,000, and $800,000, respectively, in 2024. In addition, Messrs. Brafman, Cohen, and Pooler were awarded performance-based equity bonus awards in the amounts of $215,431, $215,431, and $158,255, respectively, on December 20, 2024, for their performance in 2024. Further, as reflected under the “Non-Qualified Deferred Compensation Earnings” column in the Summary Compensation Table above, Messrs. Brafman and Cohen were each awarded