X0306 4 2019-04-10 0 0001029730 LADENBURG THALMANN FINANCIAL SERVICES INC. LTS 0001047092 LAMPEN RICHARD 4400 BISCAYNE BOULEVARD 12TH FLOOR MIAMI FL 33137 1 1 0 0 CEO, President & Chairman Common Stock 2019-04-10 4 P 0 10000 3.2363 A 2988671 D Common Stock 2019-04-10 4 P 0 10000 3.2377 A 83333 I By wife 8.00% Series A Cumulative Redeemable Preferred Stock 4200 I By wife The price reported is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $3.23 to $3.25, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in footnote (1) to this Form 4. The price reported is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $3.23 to $3.24, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in footnote (2) to this Form 4. The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose. The 8.00% Series A Cumulative Redeemable Preferred Stock is convertible into common stock at a non-fixed conversion rate in connection with a change of control as described in the issuer's Current Report on Form 8-K, filed with the Securities and Exchange Commission on May 24, 2013. /s/ Richard J. Lampen 2019-04-11