BAINES HEATHER U 4

4 · ANWORTH MORTGAGE ASSET CORP · Filed Dec 29, 2010

Form 4

Period: 2010-12-27

Executive Vice President

Transactions

Other
Stock Option (right to buy)
2010-12-27−99,500→ 0 total(indirect: By Spouse)
Exercise: $13.80From: 2003-05-01Exp: 2013-05-01→ Common Stock (99,500 underlying)
Award
Common Stock
2010-12-29+59,844→ 1,092,067 total
Other
Stock Option (right to buy)
2010-12-27−29,725→ 0 total(indirect: By Spouse)
Exercise: $9.45From: 2002-01-21Exp: 2012-01-21→ Common Stock (29,725 underlying)
Other
Stock Option (right to buy)
2010-12-27−90,000→ 0 total(indirect: By Spouse)
Exercise: $11.20From: 2002-10-04Exp: 2012-10-04→ Common Stock (90,000 underlying)

Holdings

Stock Option (right to buy)
Exercise: $13.80From: 2003-05-01Exp: 2013-05-01→ Common Stock (27,600 underlying)
27,600
Common Stock
(indirect: By Spouse)
62,500
Stock Option (right to buy)
Exercise: $9.45From: 2002-01-21Exp: 2012-01-21→ Common Stock (43,780 underlying)
43,780
Stock Option (right to buy)
Exercise: $11.20From: 2002-10-04Exp: 2012-10-04→ Common Stock (21,000 underlying)
21,000
Common Stock
(indirect: By Spouse)
33,700

Footnotes (7)

[F1]These shares were granted pursuant to the Anworth Mortgage Asset Corporation 2004 Equity Compensation Plan and the Employment Agreement for Mr. Lloyd McAdams, Chairman, President and Chief Executive Officer of Anworth Mortgage Asset Corporation, who is married to Heather U. Baines, in consideration for services rendered by Mr. McAdams.
[F2]Ms. Baines is married to Lloyd McAdams, Chairman, President and Chief Executive Officer of Anworth Mortgage Asset Corporation. Ms. Baines owns 41,500 shares individually. The balance of these shares are owned as community property with Mr. McAdams.
[F3]Mr. McAdams owns 62,500 shares in which Ms. Baines disclaims any beneficial interest in.
[F4]Shares held by the McAdams Foundation, of which Mr. McAdams is a director.
[F5]This grant of stock options awarded on January 21, 2002 to Mr. McAdams was willfully surrendered for cancellation by Mr. McAdams without any consideration received by Mr. McAdams.
[F6]This grant of stock options awarded on October 4, 2002 to Mr. McAdams was willfully surrendered for cancellation by Mr. McAdams without any consideration received by Mr. McAdams.
[F7]This grant of stock options awarded on May 1, 2003 to Mr. McAdams was willfully surrendered for cancellation by Mr. McAdams without any consideration received by Mr. McAdams.

Documents

1 file