Company: COHN
Filing Date: 2025-04-17
Form Type: DEF 14A
Source: 0001104659-25-035625
Chunk: 35

Company: Cohen & Co Inc.
Filing Date: 2025-04-17
Form: DEF 14A
Chunk 35
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 of the Company’s subsidiary, Cohen & Company, LLC. Mr. Cohen served as Chairman of the Board of Directors and of the Board of Managers of Cohen & Company, LLC from February 21, 2018 until May 24, 2022, and as President and Chief Executive of the Company’s European Business from September 16, 2013 until May 24, 2022. (5) Mr. Pooler has served as the Company’s Executive Vice President and Chief Financial Officer and Treasurer since December 16, 2009. (6) Effective December 20, 2024, 211,000 restricted units of membership interests in Cohen & Company, LLC (“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. 19

TABLE OF CONTENTS (7) Effective December 21, 2023, 211,000 restricted LLC Units were awarded to Mr. Brafman for his performance in 2023. The grant date fair value per LLC Unit was $0.677. These LLC Units were awarded under the 2020 Long-Term Incentive Plan. Of these LLC Units, 70,333 LLC Units vested and were delivered to Mr. Brafman on January 31, 2025, and 70,333 restricted LLC Units and 70,334 restricted LLC Units will vest and be delivered to Mr. Brafman on January 31, 2026 and January 31, 2027, respectively, 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