X0306 4 2019-01-10 0 0001029730 LADENBURG THALMANN FINANCIAL SERVICES INC. LTS 0001537445 Malamed Adam Scott 4400 BISCAYNE BLVD., 12TH FLOOR MIAMI FL 33137 1 1 0 0 Executive VP and COO Common Stock 2019-01-10 4 A 0 275000 0.00 A 1522517 D Common Stock 5000 I Held by the NFS/FMTC IRA for the benefit of Adam Malamed 8.00% Series A Cumulative Redeemable Preferred Stock 4000 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. Malamed is then still an employee or 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 Current Report on Form 8-K, filed with the Securities and Exchange Commission on May 24, 2013. /s/ Adam S. Malamed 2019-01-14