X0306 4 2018-05-30 0 0001029730 LADENBURG THALMANN FINANCIAL SERVICES INC. LTS 0001380207 Gilinski Saul CAPSCANADA 1893 S.W. THIRD STREET POMPANO BEACH FL 33069 1 0 0 0 Common Stock 2018-05-30 4 A 0 30000 0.00 A 1586007 D 8.00% Series A Cumulative Redeemable Preferred Stock 26000 D Restricted shares of common stock issued pursuant to the issuer's Amended and Restated 2009 Incentive Compensation Plan. Restricted shares vest in two equal annual installments commencing on the first anniversary of the date of grant provided Mr. Gilinski is then still a director of the issuer, subject to earlier vesting upon his death or disability or a change of control of the issuer. 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 Articles of Amendment to the Articles of Incorporation filed with the Securities and Exchange Commission as Exhibit 3.1 to the issuer's Form 8-K on June 25, 2013. /s/ Saul Gilinski 2018-06-01