SEC FORM 3

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

SLOSSER KENNETH P

(Last)

(First)

(Middle)

1001 NINETEENTH STREET NORTH

(Street)

ARLINGTON

20009

(City)

(State)

(Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
06/05/2012

3. Issuer Name and Ticker or Trading Symbol
FBR & Co. [ FBRC ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	EVP - Head of Investment Banki

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	142,346	D
Common Stock	19,363⁽¹⁾	D
Common Stock	207,808⁽²⁾	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivative Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock (option to buy)	08/16/2006⁽³⁾	08/16/2012	Common stock	90,000	$15	D
Common Stock (option to buy)	08/20/2011	08/20/2015⁽⁴⁾	Common Stock	26,667	$5.61	D
Common Stock (option to buy)	12/24/2012	12/24/2015⁽⁵⁾	Common stock	10,000	$6.8	D

Explanation of Responses:

1. These are restricted stock (RS) granted pursuant to the Issuer's long term incentive plan. The RS vests in one remaining installment on the third anniversary of the date of grant. Pursuant to a domestic relations order, one-half of the economic interest of reporting persons RS, when they vest, belong to his ex-spouse.

2. These are restricted stock units (RSU) granted pursuant to the Issuer's long term incentive plan. 21,112 RSUs vest in one remaining installment on the fifth anniversary of the date of grant. 22,650 RSUs vest in one remaining installment on the third anniversary of the date of grant. 11,782 RSUs vest in one installment on the third anniversary of the date of grant. 37,500 RSUs vest in one installment on the fourth anniversary of the date of grant. 114,764 RSUs vest in one installment on the fourth anniversary of the date of grant. Pursuant to a domestic relations order, when these RSUs vest, the economic interest of 46,522 of reporting persons shares belong to his ex-spouse.

3. Pursuant to a domestic relations order one-half of the economic interest of the reporting persons options belong to his ex-spouse.

4. These are Options granted pursuant to the Issuer's long term incentive plan. 17,778 options will become exercisable in equal installments on August 20, 2012 and August 20, 2013. Pursuant to a domestic relations order one-half of the economic interest of the reporting persons options belong to his ex-spouse.

5. These are Options granted pursuant to the Issuer's long term incentive plan. These options will become exercisable on December 24, 2012. Pursuant to a domestic relations order one-half of the economic interest of the reporting persons options belong to his ex-spouse.

Remarks:

	Ann Marie Pulsch, Attorney-In-Fact	06/11/2012
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.