Ladenburg Thalmann Financial Services Inc director just picked up 212,044 shares

Howard M Lorber, a director of Ladenburg Thalmann Financial Services Inc, recently acquired 212,044 shares of the company. The buys took place at prices ranging from $0.73 to $3.39 per share, on May 17, 2019. Lorber now owns 3,577,479 shares of the company. Lorber operates out of Miami, FL. Some additional info was provided as follows:

Represents shares withheld to cover the exercise price of the options exercised and tax withholding obligations. Lorber Alpha II LLC, a Delaware limited liability company, is the general partner of Lorber Alpha II Limited Partnership, a Nevada limited partnership. The reporting person serves as the Managing Member of Lorber Alpha II LLC and has voting and dispositive power with respect to such shares. The options were granted on Januar y 14, 2010 and vested in four equal annual installments beginning on January 14, 2011.

The above information was disclosed in a filing to the SEC. To see the filing, click here.

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