MCADAMS JOSEPH LLOYD 4
4 · ANWORTH MORTGAGE ASSET CORP · Filed Dec 19, 2017
Insider Transaction Report
Form 4
MCADAMS JOSEPH LLOYD
DirectorChairman, President & CEO
Transactions
- Award
Restricted Stock Unit
2017-12-15$5.66/sh+106,007$600,000→ 197,176 total→ Common Stock (106,007 underlying)
Holdings
- 1,268,155
Common Stock
- 41,500(indirect: By Spouse)
Common Stock
- 33,700(indirect: By Foundation)
Common Stock
Footnotes (5)
- [F1]Mr. McAdams owns 62,500 shares individually. The balance of these shares are owned as community property with his spouse.
- [F2]Mr. McAdams' spouse owns 41,500 shares in which Mr. McAdams has disclaimed any beneficial interest.
- [F3]Shares held by the McAdams Foundation, of which Mr. McAdams is a director.
- [F4]1-for-1.
- [F5]The Restricted Stock Units are not vested at the Grant Date. During the period commencing on the day immediately following the three (3) year anniversary of the Grant Date and ending on the ten (10) year anniversary of the Grant Date, the Restricted Stock Units shall vest on the last day of any month when the total return to stockholders (meaning the aggregate of Common Stock price appreciation and dividends declared, assuming full reinvestment of dividends) exceeds 10% per annum. Also, during the period commencing on the Grant Date and ending on the last day of the calendar month after the three (3) year anniversary of the Grant Date, the Restricted Stock Units shall vest immediately upon the Grantee's involuntary termination of service for any reason other than for Cause. In regards to this grant of Restricted Stock Units, no common shares will be issued until the Units vest.