Company: COHN
Filing Date: 2025-04-17
Form Type: DEF 14A
Source: 0001104659-25-035625
Chunk: 55

Company: Cohen & Co Inc.
Filing Date: 2025-04-17
Form: DEF 14A
Chunk 55
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 subsidiaries. Following the vesting and delivery of the applicable LLC Units, Mr. Cohen will be able to cause Cohen & Company, LLC to redeem such LLC Units at any time for, at the Company’s option, cash or one share of common stock for every ten such LLC Units. 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. Effective December 20, 2024, 211,000 LLC Units were awarded to Mr. Brafman for his performance in 2024. The grant date fair value per LLC Unit was $1.021. These LLC Units were awarded under the 2020 Long-Term Incentive Plan. One-third of these LLC Units will vest and be delivered to Mr. Brafman on each of January 31, 2026, January 31, 2027 and January 31, 2028, in each case, so long as Mr. Brafman is then employed by the Company or any of its subsidiaries. Following the vesting and delivery of the applicable LLC Units, Mr. Brafman will be able to cause Cohen & Company, LLC to redeem such LLC Units at any time for, at the Company’s option, cash or one share of common stock for every ten such LLC Units. Effective December 20, 2024, 211,000 restricted LLC Units were awarded to Mr. Cohen for his performance in 2024. The grant date fair value per LLC Unit was $1.021. These LLC Units were awarded under the 2020 Long-Term Incentive Plan. One-third of these LLC Units will vest and be delivered to Mr. Cohen on each of January 31, 2026, January 31, 2027 and January 31, 2028