JACOBS ANDREW F 4
4 · CAPSTEAD MORTGAGE CORP · Filed Dec 17, 2012
Insider Transaction Report
Form 4
JACOBS ANDREW F
DirectorChief Executive Officer
Transactions
- Award
Common Stock
2012-12-13$11.67/sh+41,131$479,999→ 530,045 total
Footnotes (1)
- [F1]The unvested stock awards, granted from the Amended and Restated 2004 Flexible Long-Term Incentive Plan, vest 50% at the end of year three provided certain performance criteria are met. The remaining 50% vest at the end of year four, assuming the same criteria. If the criteria are not met, the shares do not vest but are eligible for vesting at the end of the following year until the end of year 7, if the criteria are not earlier met. Dividends associated with these shares will only be paid upon vesting of the awards.