4//SEC Filing
Arlington Asset Investment Corp. 4
Accession 0000899243-17-015948
CIK 0001209028operating
Filed
Jun 8, 8:00 PM ET
Accepted
Jun 9, 4:34 PM ET
Size
6.4 KB
Accession
0000899243-17-015948
Insider Transaction Report
Form 4
FAEDER DAVID W
Director
Transactions
- Award
Restricted Stock Units
2017-06-07+5,590→ 21,063 total→ Class A Common Stock (5,590 underlying)
Footnotes (2)
- [F1]Each restricted stock unit ("RSU") represents a contingent right to receive one share of Class A common stock of Arlington Asset Investment Corp. (the "Company").
- [F2]Represents annual grant of RSUs pursuant to the Company's 2014 Long-Term Incentive Plan (the "2014 Plan") in connection with the reporting person's service as a non-employee director of the Company. The RSUs vest immediately on the award grant date. Vested RSUs are converted into shares of Class A common stock on a one-for-one basis, with any fractional shares being settled in cash, upon the later of the reporting person's separation from service on the board of directors or the first anniversary of the grant date (the "Settlement Date"). If a change in control occurs before the Settlement Date, the settlement will occur on the control change date. The reporting person does not have voting rights with respect to, but receives dividend equivalent payments on, outstanding RSUs.
Documents
Issuer
Arlington Asset Investment Corp.
CIK 0001209028
Entity typeoperating
IncorporatedVA
Related Parties
1- filerCIK 0001209028
Filing Metadata
- Form type
- 4
- Filed
- Jun 8, 8:00 PM ET
- Accepted
- Jun 9, 4:34 PM ET
- Size
- 6.4 KB