X0304 4 2012-02-08 false 0001383803 JMP Group Inc. JMP 0001434493 Karmin Kenneth M 12011 SAN VICENTE BLVD., SUITE 530 LOS ANGELES CA 90049 true false false false Restricted Stock Unit 0 2012-02-08 4 A false 14629 0 A Common Stock 14629 16556 D Restricted Stock Unit 0 2012-02-08 4 A false 14304 0 A Common Stock 14304 30860 D Each unit represents a right to receive one share of common stock or an amount equal to the fair market value of one share of common stock on the applicable vesting date. The restricted stock units will vest as follows: 4,876 restricted stock units on August 3, 2012 and 9,753 restricted stock units on February 1, 2013 provided the Reporting Person remains in service on the board of directors and its committees (as applicable) at such anniversary. Restricted stock units expire upon vesting or termination of service on the board of directors and its committees (as applicable). Company performance-based vesting if target is met during 3 year term and applicable measurement period provided the Reporting Person remains in service on the board of directors and its committees (as applicable). Expires upon full vesting or Certification Date (generally as of the filing of the Company's 10-K) in 2015 provided the Reporting Person remains in service on the board of directors and its committees (as applicable). Janet Tarkoff on behalf of Kenneth M. Karmin 2012-02-10