X0306 4 2016-01-14 0 0001029730 LADENBURG THALMANN FINANCIAL SERVICES INC LTS 0001431385 Kaufman Brett 4400 BISCAYNE BLVD. 12TH FLOOR MIAMI FL 33137 0 1 0 0 Senior Vice President and CFO Common Stock 2016-01-14 4 A 0 40000 0.00 A 105000 D 8.00% Series A Cumulative Redeemable Preferred Stock 200 D Restricted shares of common stock issued pursuant to the issuer's Amended and Restated 2009 Incentive Compensation Plan. Restricted shares vest in four equal annual installments commencing on the first anniversary of the date of grant provided Mr. Kaufman is then still an employee 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 Current Report on Form 8-K, filed with the Securities and Exchange Commission on May 24, 2013. /s/ Brett Kaufman 2016-01-19