Wright Thomas Rowe 4
4 · JMP GROUP LLC · Filed Nov 17, 2021
Insider Transaction Report
Form 4
Wright Thomas Rowe
Director of Equities
Transactions
- Disposition to Issuer
Common Shares
2021-11-15$7.50/sh−429,058$3,217,935→ 0 total - Disposition to Issuer
Restricted Share Unit
2021-11-15−5,862→ 0 total→ Common Shares (5,862 underlying)
Footnotes (2)
- [F1]Disposed of pursuant to the Agreement and Plan of Merger, dated as of September 8, 2021 (as amended from time to time, the "Merger Agreement"), among JMP Group LLC (the "Company"), Citizens Financial Group, Inc. ("Citizens") and Jolt Acquisition LLC, in exchange for $7.50 per share in cash, without interest.
- [F2]Pursuant to the Merger Agreement, all outstanding restricted share units of the Company were assumed by Citizens and replaced with 916 restricted stock units of Citizens representing the right to receive 916 shares of common stock of Citizens, par value $0.01 per share.