0001140361-17-023577.txt : 20170602
0001140361-17-023577.hdr.sgml : 20170602
20170602162507
ACCESSION NUMBER: 0001140361-17-023577
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20170601
FILED AS OF DATE: 20170602
DATE AS OF CHANGE: 20170602
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: FBR & Co.
CENTRAL INDEX KEY: 0001371446
STANDARD INDUSTRIAL CLASSIFICATION: SECURITY BROKERS, DEALERS & FLOTATION COMPANIES [6211]
IRS NUMBER: 000000000
STATE OF INCORPORATION: VA
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 1300 NORTH 17TH STREET
STREET 2: SUITE 1400
CITY: ARLINGTON
STATE: VA
ZIP: 22209
BUSINESS PHONE: 703-312-9500
MAIL ADDRESS:
STREET 1: 1300 NORTH 17TH STREET
STREET 2: SUITE 1400
CITY: ARLINGTON
STATE: VA
ZIP: 22209
FORMER COMPANY:
FORMER CONFORMED NAME: FBR CAPITAL MARKETS CORP
DATE OF NAME CHANGE: 20060803
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Tilley Allison Leopold
CENTRAL INDEX KEY: 0001665577
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-33518
FILM NUMBER: 17888302
MAIL ADDRESS:
STREET 1: 1300 NORTH 17TH STREET
CITY: ARLINGTON
STATE: VA
ZIP: 22209
4
1
doc1.xml
FORM 4
X0306
4
2017-06-01
1
0001371446
FBR & Co.
FBRC
0001665577
Tilley Allison Leopold
1300 NORTH SEVENTEENTH STREET
14TH FLOOR
ARLINGTON
VA
22209
1
0
0
0
Common Stock
2017-06-01
4
D
0
6708
D
0
D
Employee Stock Option (right to buy)
16.52
2017-06-01
4
D
0
9800
D
2020-02-10
Common Stock
9800
0
D
Represents 2,500 shares of issuer common stock and 4,208 shares of restricted stock disposed of pursuant to merger agreement between issuer and B. Riley Financial, Inc. in exchange for shares of B. Riley Financial, Inc. common stock at an exchange ratio of 0.671. B. Riley Financial, Inc. common stock had a closing market value of $14.70 per share on the effective date of the merger.
This option, which vested on February 10, 2017, was cancelled in the merger and converted into 702 shares of B. Riley Financial, Inc. common stock, representing (i) the number of shares of the issuer's common stock subject to such option immediately prior to the effective time, multiplied by the issuer's option spread (which is the difference between the closing price of a share of the issuer's common stock on the trading day immediately prior to the effective time of the merger ($17.55) and the exercise price of the option), divided by (ii) the volume-weighted average price of a share of B. Riley Financial, Inc. common stock for the ten trading day period ending on May 30, 2017 ($14.36).
Linda E. Eddy, Attorney-in-Fact
2017-06-02