UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

~~WASHINGTON~~Washington, D.C. 20549

~~FORM~~Form 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

~~Securities~~Date ~~Exchange~~of ~~Act~~Report (Date of ~~1934~~earliest event reported): August 11, 2021

Date of Report (Date of earliest event reported): July 30, 2021

JMP Group LLC

(Exact Name of Registrant as Specified in Charter)

(Exact name of registrant as specified in its charter)

Delaware (State or other jurisdiction of incorporation)	001-36802 (Commission File Number)	47-1632931 (IRS Employer Identification No.)
600 Montgomery Street, Suite 1100 San Francisco, CA 94111 (Address of principal executive offices, including zip code) (415) 835-8900 (Registrant’s telephone number, including area code) (Former name or former address, if changed since last report)

Delaware	001-36802	47-1632931
(State or Other Jurisdiction of Incorporation)	(Commission File Number)	(IRS Employer Identification No.)
600 Montgomery Street, Suite 1100, San Francisco, California 94111
(Address of principal executive offices, including Zip Code)
(415) 835-8900
(Registrant’s Telephone Number, Including Area Code)
(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class	Trading Symbol(s)	Name of each exchange on which registered
Shares representing limited liability company interests in JMP Group LLC	JMP	New York Stock Exchange
JMP Group Inc. 7.25% Senior Notes due 2027	JMPNL	The Nasdaq Global Market
JMP Group LLC 6.875% Senior Notes due 2029	JMPNZ	The Nasdaq Global Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

☐ Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 71.0102. ~~Regulation~~Termination FDof ~~Disclosure~~a Material Definitive Agreement.

OnThe ~~July~~information ~~30,~~set ~~2021,~~forth ~~JMP~~in ~~Group~~Item ~~LLC~~8.01 ~~(the~~below ~~“Company”~~as orto ~~“JMP~~the ~~Group”)~~satisfaction ~~realized~~and adischarge ~~gain on its investment in Workspace Property Trust, one~~ of the ~~leading~~Indenture ~~owners~~(as ~~and~~defined ~~operators~~below) ofis ~~suburban~~incorporated ~~office~~by ~~and~~reference ~~light~~into ~~industrial~~this ~~real~~Item ~~estate in the U~~1.S02. ~~(“Workspace”).~~

InItem ~~December 2015, JMP Group invested $10~~8.~~0 million in the formation of Workspace~~01. ~~Workspace~~Other ~~recently completed a dividend recapitalization transaction, resulting in a cash distribution of $23~~Events.~~8 million to JMP Group and reducing the Company’s ownership of Workspace to 5.6% on a fully diluted basis.~~

~~Because~~On ofAugust ~~equity~~11, ~~method~~2021, ~~accounting~~JMP ~~adopted~~Group atLLC (the ~~time~~“Company”) ofissued a press release announcing that its wholly owned subsidiary, JMP Group Inc. (the “Issuer”), caused notices to be issued to the holders of its 7.25% Senior Notes due 2027 (CUSIP No. 466273 109; NASDAQ: JMPNL) (the “Notes”) regarding the Issuer’s ~~initial~~exercise ~~investment~~of its option to redeem all of the issued and outstanding Notes pursuant to the terms of the Indenture for the Notes dated as of January 24, ~~JMP~~2013, ~~Group~~between ~~currently~~the ~~records~~Issuer and U.S. Bank National Association, as trustee, as supplemented by the ~~value~~Fourth Supplemental Indenture dated as of ~~its~~November ~~equity~~28, ~~interest~~2017 (as so supplemented, the “Indenture”). The Issuer will redeem all $15.0 million in ~~Workspace~~aggregate principal amount of the outstanding Notes on September 13, 2021 (the “Redemption Date”). The Notes will be redeemed at ~~zero~~100% of their principal amount ($25 per Note), ~~while~~plus the ~~fair~~accrued ~~value~~and unpaid interest thereon from August 15, 2021, through, but excluding, the Redemption Date. In addition, pursuant to the terms of ~~JMP~~the ~~Group’s~~Indenture, ~~remaining~~on ~~investment~~August ~~based~~11, 2021, the Company irrevocably deposited funds with the trustee under the Indenture in an amount sufficient to pay and discharge all obligations with respect to the Notes not previously delivered to the trustee for cancellation, including the redemption price of and accrued interest on ~~Workspace’s~~the ~~valuation~~Notes to be redeemed on the Redemption Date. As a result, the Indenture with respect to the Notes was satisfied and discharged in accordance with its terms, and the Issuer and the guarantors party to the Indenture have been released from their obligations under the Indenture with respect to the Notes. A copy of the press release announcing the redemption of all of the Notes and the satisfaction and discharge of the Indenture with respect to the Notes is ~~approximately~~attached ~~$15~~to this Current Report on Form 8-K as Exhibit 99.31 ~~million~~and is incorporated herein by reference.

~~The information contained in this~~ Item 79.01 isFinancial ~~being~~Statements ~~furnished~~ and shall not be deemed “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934 (the “Exchange Act”) and shall not be deemed to be incorporated by reference into any filing under the Securities Act of 1933, or the Exchange Act, except to the extent that the Company specifically incorporates it by referenceExhibits.

The information furnished in this Current Report on Form 8-K shall not be deemed to constitute an admission that such information or exhibit so furnished is required to be furnished pursuant to Regulation FD or that such information or exhibit contains material information that is not otherwise publicly available. In addition, the Company does not undertake or assume any obligation to update such information or exhibit in the future.(d) Exhibits

SIGNATURES

Exhibit No.	Description
99.1	Press Release issued by the Company, dated August 11, 2021.
104	Cover Page Interactive Data File (embedded within the Inline XBRL document)

~~Pursuant~~Signature(s) ~~to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.~~

	JMP GROUP LLC
Date: August 2, 2021	By:	/s/ Raymond Jackson
		Raymond Jackson
		Chief Financial Officer

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	JMP GROUP LLC


Date: August 11, 2021	By:	/s/ Walter Conroy
		Walter Conroy
		Chief Legal Officer

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