X0306 4 2019-02-13 0 0001270436 Cohen & Co Inc. COHN 0001578554 Brafman Lester Raymond C/O COHEN & CO INC., 2929 ARCH STREET, SUITE 1703 PHILADELPHIA PA 19104-2870 0 1 0 0 Chief Executive Officer Common Stock, par value $0.01 per share 2019-02-13 4 A 0 27500 0.00 A 69537 D Mr. Brafman was awarded 27,500 restricted shares of common stock (the "Restricted Shares") of Cohen & Co Inc. (the "Company") under the Company's Second Amended and Restated 2010 Long-Term Incentive Plan, as amended. The restrictions expire with respect to half of the Restricted Shares on January 31, 2020 and expire with respect to the remaining half of the Restricted Shares on January 31, 2021. /s/ Joseph W. Pooler, Jr., as attorney-in-fact 2019-02-14