ENTSMINGER TIFFANY 4
4 · IMPAC MORTGAGE HOLDINGS INC · Filed Feb 18, 2021
Insider Transaction Report
Form 4
ENTSMINGER TIFFANY
Chief Risk Officer,Head of Ops
Transactions
- Sale
Common Stock
2021-02-16$3.46/sh−985$3,408→ 6,035 total - Award
Common Stock
2021-02-17+15,535→ 21,570 total - Award
Non- Qualified Stock Option (right to buy)
2021-02-17+7,767→ 27,767 totalExercise: $3.29From: 2022-02-17Exp: 2031-02-17→ Common Stock (7,767 underlying)
Holdings
- 10,000
Non- Qualified Stock Option (right to buy)
Exercise: $9.85From: 2019-07-17Exp: 2028-07-17→ Common Stock (10,000 underlying) - 20,000
Non-Qualified Stock Option (right to buy)
Exercise: $3.59From: 2020-02-01Exp: 2029-02-01→ Common Stock (10,000 underlying)
Footnotes (5)
- [F1]Sale is part of previously filed 10B5-1 plan for prearranged sales of the Company's common stock as part of long-term tax and asset diversification strategy, primarily to cover taxes related to the vesting of restricted stock units.
- [F2]Represents 15,535 shares of common stock underlying Restricted Stock Units (RSUs) granted under the 2020 Equity Incentive Plan so that each RSU represents a contingent right to receive one share of common stock. The RSUs vest 1/3 a year for 3 years beginning on February 17, 2022.
- [F3]The options vest annually in 1/3 increments and will be fully vested on July 17, 2021.
- [F4]The options vest annually in 1/3 increments and will be fully vested on February 1, 2022.
- [F5]The options vest annually in 1/3 increments and will be fully vested on February 17, 2024.