MORTGAGEIT HOLDINGS INC 4

4 · MORTGAGEIT HOLDINGS INC · Filed Aug 6, 2004

Form 4

Period: 2004-08-04

DirectorChairman of the Board and CEO

Transactions

Purchase
Common Stock
2004-08-04$12.00/sh+20,800$249,600→ 290,668 total
Other
Common Stock
2004-08-04+268,868→ 269,868 total
Award
Stock Option (right to buy)
2004-08-04−360,000→ 360,000 total
Exercise: $12.00From: 1988-08-08Exp: 2014-08-04→ Common Stock (360,000 underlying)
Award
Common Stock
2004-08-04+137,333→ 428,001 total
Other
Common Stock
2004-08-04+66,622→ 510,782 total(indirect: By GRAT)
Gift
Common Stock
2004-08-04−234,887→ 193,114 total

Footnotes (3)

[F1]Received in exchange for shares of MortgageIT, Inc. capital stock in connection with an agreement and plan of reorganization, providing for MortgageIT, Inc. to be the wholly- owned subsidiary of the Issuer.
[F2]The 234,887 shares indirectly beneficially owned were transferred by a Reporting Person to the 2003 Naidus Family Delaware Trust. This total amount includes 209,273 shares received in exchange for shares of MortgageIT, Inc. capital stock in connection with an agreement and plan of reorganization, providing for MortgageIT, Inc. to be the wholly-owned subsidiary of the Issuer.
[F3]In the Section 16 Electronic Reporting Frequently Asked Questions released by the SEC on May 1, 2003, the SEC has designated "08/08/1988" as a "dummy date" until the electronic system is modified. This line reports end of period indirect holdings for this reporting person, and 08/08/1988 is not a transaction date related to these securities. The options will vest over a three (3) year period beginning on August 4, 2004.

Documents

1 file