GALLAGHER PETER A 4
4 · Arlington Asset Investment Corp. · Filed Jun 3, 2010
Insider Transaction Report
Form 4
GALLAGHER PETER A
Director
Transactions
- Award
Restricted Stock Units
2010-06-02+4,545→ 4,545 total→ Class A Common Stock (4,545 underlying)
Footnotes (2)
- [F1]Each restricted stock unit represents a contingent right to receive one share of Class A common stock.
- [F2]The restricted stock units vest on June 2, 2011. Vesting is accelerated if the reporting person's service ends on account of death or disability or if there is a change in control of Arlington Asset Investment Corp. Vested shares will be delivered to the reporting person one year from the date the reporting person ceases to be a member of the board of directors. Reporting persons do not have voting rights with respect to restricted stock units, but receive dividend equivalent payments on outstanding restricted stock units.