5//SEC Filing
MCADAMS JOSEPH LLOYD 5
Accession 0001179110-18-002042
CIK 0001047884other
Filed
Feb 13, 7:00 PM ET
Accepted
Feb 14, 1:14 PM ET
Size
8.9 KB
Accession
0001179110-18-002042
Insider Transaction Report
Form 5
MCADAMS JOSEPH LLOYD
DirectorChairman, President & CEO
Transactions
- Other
Common Stock
2017-12-31+25,834→ 1,252,488 total
Holdings
- 41,500(indirect: By Spouse)
Common Stock
- 33,700(indirect: By Foundation)
Common Stock
- 197,176
Restricted Stock Unit
→ Common Stock (197,176 underlying)
Footnotes (6)
- [F1]These shares were acquired under the Anworth Mortgage Asset Corporation Dividend Reinvestment and Stock Purchase Plan in exempt transactions pursuant to Rule 16a-11 at the then-current market prices during calendar year 2017.
- [F2]Mr. McAdams owns 62,500 shares individually. The balance of these shares are owned as community property with his spouse.
- [F3]Mr. McAdams' spouse owns 41,500 shares in which Mr. McAdams disclaims any beneficial interest.
- [F4]Shares held by the McAdams Foundation, of which Mr. McAdams is a director.
- [F5]1-for-1.
- [F6]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 these Restricted Stock Units, no common shares will be issued until the Units vest.
Documents
Issuer
ANWORTH MORTGAGE ASSET CORP
CIK 0001047884
Entity typeother
Related Parties
1- filerCIK 0001209599
Filing Metadata
- Form type
- 5
- Filed
- Feb 13, 7:00 PM ET
- Accepted
- Feb 14, 1:14 PM ET
- Size
- 8.9 KB