4//SEC Filing
Pickup Todd M 4
Accession 0000899243-20-010819
CIK 0001000298other
Filed
Apr 14, 8:00 PM ET
Accepted
Apr 15, 9:20 PM ET
Size
14.7 KB
Accession
0000899243-20-010819
Insider Transaction Report
Form 4
Pickup Todd M
10% Owner
Transactions
- Award
Warrant
2020-04-15+85,059.6→ 85,059.6 total(indirect: See Footnotes)Exercise: $2.97From: 2020-10-15Exp: 2025-04-15→ Common Stock (85,059.6 underlying)
Holdings
- 80,000(indirect: See footnote.)
Common Stock
- 100,000
Common Stock
- 1,793,796(indirect: See footnote.)
Common Stock
- 300,000(indirect: See footnote.)
Common Stock
- 100,000(indirect: See footnote.)
Common Stock
- 100,000(indirect: See footnote.)
Common Stock
- 10,000,000(indirect: See Footnotes)
Convertible Promissory Note Due 2020
Exercise: $21.50From: 2016-01-02Exp: 2020-11-09→ Common Stock (465,117 underlying)
Footnotes (8)
- [F1]The shares of common stock are held directly by Vintage Trust, dated October 28, 1993, over which shares Reporting Person shares voting and investment power.
- [F2]The shares of common stock are held directly by Vintage Trust II, dated July 19, 2007 (the "Trust"), over which shares Reporting Person exercises sole voting and investment power.
- [F3]The shares of common stock are held directly by Pickup Grandchildren's Trust, over which shares Reporting Person exercises sole voting and investment power.
- [F4]The shares of common stock are held directly by Pickup Living Trust, over which shares Reporting Person exercises sole voting and investment power.
- [F5]The shares of common stock are held directly by Plus Four Equity Partners, L.P., over which shares Reporting Person shares voting and investment power.
- [F6]As previously reported on a Form 4 filed by Reporting Person on May 11, 2015, on May 8, 2015, the Trust purchased a Convertible Promissory Note Due 2020 in the original principal amount of $10,000,000 that is convertible by the Trust at any time after January 1, 2016, and, upon conversion of the original principal amount prior to maturity at the initial conversion price of $21.50 per share (subject to adjustment in the event of stock splits, stock dividends and reclassifications), the Trust will receive 465,117 shares of common stock (subject to adjustment in the event of stock splits, stock dividends and reclassifications). The Convertible Promissory Note Due 2020, as amended April 15, 2020, is due and payable, to the extent not converted, on or before November 9, 2020.
- [F7]As of April 15, 2020, Reporting Person may be deemed to beneficially own an aggregate of 3,023,972.6 shares of the common stock consisting of (a) 100,000 shares owned directly, and (b) an aggregate of 2,923,972.6 shares owned indirectly, consisting of (i) 465,117 shares that the Trust may acquire at any time after January 1, 2016 upon conversion (at the initial conversion price of $21.50 per share) of the outstanding principal balance of a Convertible Promissory Note Due 2020, as amended April 15, 2020, owned directly by the Trust, (ii) 85,059.6 shares that the Trust may acquire at any time after October 15, 2020 upon exercise (at an exercise price of $2.97 per share) of a Warrant to Purchase Common Stock owned directly by the Trust, (iii) 300,000 shares owned directly by Pickup Grandchildren's Trust (over which shares Reporting Person exercises sole voting and investment power), (Continued in footnote 8)
- [F8](iv) 100,000 shares owned directly by Pickup Living Trust (over which shares Reporting Person exercises sole voting and investment power), (v) 1,793,796 shares owned directly by the Trust (over which shares Reporting Person exercises sole voting and investment power), (vi) 100,000 shares owned directly by Plus Four Equity Partners, L.P. (over which shares Reporting Person shares voting and investment power), and (vii) 80,000 shares owned directly by Vintage Trust, dated October 28, 1993 (over which shares Reporting Person exercises sole voting and investment power).
Documents
Issuer
IMPAC MORTGAGE HOLDINGS INC
CIK 0001000298
Entity typeother
Related Parties
1- filerCIK 0001457272
Filing Metadata
- Form type
- 4
- Filed
- Apr 14, 8:00 PM ET
- Accepted
- Apr 15, 9:20 PM ET
- Size
- 14.7 KB