CIFC Corp. 4
4 · CIFC Corp. · Filed Jun 30, 2015
Insider Transaction Report
Form 4
CIFC Corp.CIFC
Schrupp Daniel
Director
Transactions
- Exercise/Conversion
Common Stock
2015-06-26+3,441→ 6,552 total - Other
Common Stock
2015-06-26+91→ 6,643 total - Exercise/Conversion
Restricted Stock Units
2015-06-26−3,441→ 0 total→ Common Stock (3,441 underlying)
Footnotes (4)
- [F1]Represents the vesting of 3,441 Restricted Stock Units awarded to the Reporting Person on December 31, 2014 as part of the stock-based portion of his fee for service as a Director.
- [F2]Represents an adjustment for dividends to the 3,441 Restricted Stock Units awarded to the Reporting Person on December 31, 2014 as part of the stock-based portion of his fee for service as a Director, as provided in the Reporting Person's Restricted Stock Unit Award Agreement.
- [F3]Each Restricted Stock Unit represents a contingent right to receive one share of Common Stock of the Issuer.
- [F4]The Restricted Stock Units were awarded to the Reporting Person by the Issuer on December 31, 2014 as part of the stock-based portion of his fee for service as a Director, pursuant to a Restricted Stock Unit Award Agreement between the Issuer and the Reporting Person, which was approved by the Board of Directors. The Restricted Stock Units vested and settled on June 26, 2015, as reflected in Table I and footnote 1, above.