Company: COHN
Filing Date: 2025-04-17
Form Type: DEF 14A
Source: 0001104659-25-035625
Chunk: 44

Company: Cohen & Co Inc.
Filing Date: 2025-04-17
Form: DEF 14A
Chunk 44
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2025; (iv) 140,667 restricted LLC Units which 23 TABLE OF CONTENTS were granted to Mr. Cohen under the 2020 Long-Term Incentive Plan on December 20, 2022, of which 70,333 LLC Units vested and were delivered to Mr. Cohen on January 31, 2025, and of which 70,334 restricted LLC Units will vest and be delivered to Mr. Cohen on January 31, 2026, so long as Mr. Cohen is then employed by the Company or any of its subsidiaries; (v) 211,000 restricted LLC Units which were granted to Mr. Cohen under the 2020 Long-Term Incentive Plan on December 21, 2023, of which 70,333 LLC Units vested and were delivered to Mr. Cohen on January 31, 2025, and of which 70,333 restricted LLC Units and 70,334 restricted LLC Units will vest and be delivered to Mr. Cohen on January 31, 2026 and January 31, 2027, respectively, in each case, so long as Mr. Cohen is then employed by the Company or any of its subsidiaries; and (vi) 211,000 restricted LLC Units which were granted to Mr. Cohen under the 2020 Long-Term Incentive Plan on December 20, 2024, of which 70,333 restricted LLC, 70,333 restricted LLC Units and 70,334 restricted LLC Units will vest and be delivered to Mr. Cohen on January 31, 2026, January 31, 2027 and January 31, 2028, respectively, in each case, so long as Mr. Cohen is then employed by the Company or any of its subsidiaries. Following the vesting and delivery of the applicable LLC Units described in this paragraph, 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. Employment Agreements with Named Executive Officers Lester R. Brafman, Chief Executive Officer On September 16, 2013, the Company and Cohen & Company, LLC entered into an Employment Agreement with Mr. Brafman (the “Brafman Employment Agreement”). The Brafman Employment Agreement expired pursuant to its own terms on December 31, 2014. Mr. Brafman does not currently