Filing Details

Accession Number:
0000950103-13-006936
Form Type:
4
Zero Holdings:
No
Publication Time:
2013-11-27 19:28:06
Reporting Period:
2013-11-26
Filing Date:
2013-11-27
Accepted Time:
2013-11-27 19:28:06
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1371446 Fbr & Co. FBRC Security Brokers, Dealers & Flotation Companies (6211) 000000000
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1483298 J Adam Klein C/O Crestview Advisors, L.l.c.
667 Madison Avenue, 10Th Floor
New York NY 10065
Yes No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock, Par Value $0.001 Per Share ("Common Stock") Acquisiton 2013-11-26 61,224 $10.96 0 No 4 M Indirect See footnotes.
Common Stock Acquisiton 2013-11-26 26,108 $14.52 0 No 4 M Indirect See footnotes.
Common Stock Disposition 2013-11-26 87,332 $25.75 0 No 4 S Indirect See footnotes.
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Indirect See footnotes.
No 4 M Indirect See footnotes.
No 4 S Indirect See footnotes.
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Option (Right to Buy) ("Option") Acquisiton 2013-11-26 61,224 $0.00 61,224 $10.96
Common Stock Option Acquisiton 2013-11-26 26,108 $0.00 26,108 $14.52
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2013-06-05 2016-06-05 No 4 M Indirect
0 2012-06-01 2015-06-01 No 4 M Indirect
Footnotes
  1. The reporting person is member of the board of directors of the issuer and is an employee of Crestview Advisors, L.L.C., which on November 26, 2013, exercised 61,224 options to buy shares of Common Stock of the issuer at an exercise price of $10.96 per share and 26,108 options to buy shares of common stock of the issuer at an exercise price of $14.52 per share, and sold the 87,332 shares underlying such options at a price of $25.75 per share. Crestview Advisors, L.L.C. provides investment advisory and management services to investment funds affiliated with Crestview Partners GP, L.P. (the "Crestview Funds"). On November 26, 2013, the Crestview Funds sold 1,389,480 shares of Common Stock of the issuer that were held indirectly and, following the reported transactions, the Crestview Funds do not directly or indirectly own any shares of common stock of the issuer.
  2. The reporting person disclaims beneficial ownership of such securities except and to the extent of his pecuniary interest therein.