X0306 4 2016-02-12 0 0001270436 INSTITUTIONAL FINANCIAL MARKETS, INC. IFMI 0001201333 SUBIN NEIL S INSTITUTIONAL FINANCIAL MARKETS, INC., 2929 ARCH STREET, 17TH FLOOR PHILADELPHIA PA 19104-2870 1 0 0 0 Common Stock, $0.001 par value per share 2016-02-12 4 A 0 61728 0 A 257523 D Mr. Subin was awarded 61,728 restricted shares under the Second Amended and Restated Institutional Financial Markets, Inc. 2010 Long-Term Incentive Plan. The restrictions expire on February 12, 2017. /s/ Neil S. Subin 2016-02-16