4//SEC Filing
Arlington Asset Investment Corp. 4
Accession 0001144204-14-074541
CIK 0001209028operating
Filed
Dec 16, 7:00 PM ET
Accepted
Dec 17, 5:30 PM ET
Size
11.3 KB
Accession
0001144204-14-074541
Insider Transaction Report
Form 4
BILLINGS ERIC F
DirectorChairman & CEO
Transactions
- Conversion
Class A Common Stock
2014-12-16+143,066→ 257,218 total - Sale
Class A Common Stock
2014-12-16$26.81/sh−26,772$717,666→ 230,446 total - Sale
Class A Common Stock
2014-12-17$26.71/sh−116,294$3,106,166→ 114,152 total - Conversion
Class B Common Stock
2014-12-16−143,066→ 60,848 total→ Class A Common Stock (143,066 underlying)
Footnotes (4)
- [F1]The reporting person converted 143,066 shares of Class B Common Stock on December 16, 2014. Each share of Class B Common Stock was convertible into one share of Class A Common Stock on a one-for-one basis without the payment of any consideration. As a result, Mr. Billings acquired 143,066 shares of Class A Common Stock.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $26.59 to $26.89, inclusive. The reporting person undertakes to provide to Arlington Asset Investment Corp., any security holder of Arlington Asset Investment Corp., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (2) and (3) to this Form 4.
- [F3]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $26.47 to $26.81, inclusive.
- [F4]Mr. Billings could convert the Class B Common Stock at any time into shares of Class A Common Stock, subject to the approval of Arlington Asset Investment Corp. The Class B Common Stock had no expiration date.
Documents
Issuer
Arlington Asset Investment Corp.
CIK 0001209028
Entity typeoperating
IncorporatedVA
Related Parties
1- filerCIK 0001209028
Filing Metadata
- Form type
- 4
- Filed
- Dec 16, 7:00 PM ET
- Accepted
- Dec 17, 5:30 PM ET
- Size
- 11.3 KB