4//SEC Filing
MORTGAGEIT HOLDINGS INC 4
Accession 0001181431-04-039246
CIK 0001284151operating
Filed
Aug 5, 8:00 PM ET
Accepted
Aug 6, 6:14 PM ET
Size
15.3 KB
Accession
0001181431-04-039246
Insider Transaction Report
Form 4
Pappas Mark C
DirectorChief Marketing Officer of sub
Transactions
- Other
Common Stock
2004-08-04+196,538→ 397,569 total(indirect: By GRAT) - Other
Common Stock
2004-08-04+201,031→ 201,031 total - Award
Stock Option (right to buy)
2004-08-04+53,750→ 53,750 totalExercise: $12.00From: 1988-08-08Exp: 2014-08-04→ Common Stock (53,750 underlying) - Award
Common Stock
2004-08-04+8,063→ 213,194 total - Gift
Common Stock
2004-08-04−201,031→ 12,163 total - Purchase
Common Stock
2004-08-04$12.00/sh+4,100$49,200→ 205,131 total
Footnotes (4)
- [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 201,031 shares indirectly beneficially owned were transferred by a Reporting Person to the 2004 Pappas Family Delaware Trust.
- [F3]The 196,538 shares indirectly beneficially owned were received in exchange for shares of MortgageIT, Inc. capital stock in connection with an agreement and plan of reorganization, providing forMortgageIT, Inc. to be the wholly-owned subsidiary of the Issuer. This total amount is divided between four grantor retained annuity trusts: Mark Pappas Children's Annuity Trust (55,000), Mark Pappas Family Annuity Trust (18,348), Mark Pappas 2004 Children's Annuity Trust (92,373), Mark Pappas 2004 Family Annuity Trust (30,817).
- [F4]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.
Issuer
MORTGAGEIT HOLDINGS INC
CIK 0001284151
Entity typeoperating
IncorporatedMD
Related Parties
1- filerCIK 0001284151
Filing Metadata
- Form type
- 4
- Filed
- Aug 5, 8:00 PM ET
- Accepted
- Aug 6, 6:14 PM ET
- Size
- 15.3 KB