Levine Martin 4
4 · Cherry Hill Mortgage Investment Corp · Filed Mar 27, 2019
Insider Transaction Report
Form 4
Levine Martin
Chief Financial Officer
Transactions
- Exercise/Conversion
Common Stock, par value $0.01 per share
2019-03-26+6,000→ 32,517 total - Exercise/Conversion
Common Units
2019-03-26−6,000→ 0 total→ Common Stock (6,000 underlying)
Footnotes (2)
- [F1]The reporting person requested redemption of common units of limited partnership interests ("Common Units") in Cherry Hill Operating Partnership, L.P. ("CHOP"), of which the Issuer is the general partner. On March 26, 2019, the Common Units were redeemed for shares of the Issuer's common stock, all in accordance with CHOP's agreement of limited partnership.
- [F2]Pursuant to CHOP's agreement of limited partnership, Common Units are redeemable for cash based on the fair market value of an equivalent number of shares of the Issuer's common stock or, at the election of the Issuer, for an equal number of shares of the Issuer's common stock, subject to adjustment in the event of stock dividends, stock subdivisions or combinations.