WALSH JAMES 4
4 · IMPAC MORTGAGE HOLDINGS INC · Filed Nov 20, 2012
Insider Transaction Report
Form 4
WALSH JAMES
Director
Transactions
- Exercise/Conversion
Common Stock
2012-11-16$0.53/sh+30,000$15,900→ 38,847 total - Sale
Common Stock
2012-11-16$12.88/sh−16,000$206,080→ 24,847 total - Exercise/Conversion
Non-Qualified Stock Option
2012-11-16−30,000→ 0 totalExercise: $0.53From: 2010-06-09Exp: 2019-06-09→ Common Stock (30,000 underlying) - Exercise/Conversion
Common Stock
2012-11-16$2.73/sh+2,000$5,460→ 40,847 total - Exercise/Conversion
Non-Qualified Stock Option
2012-11-16−2,000→ 4,000 totalExercise: $2.73From: 2011-12-03Exp: 2020-12-03→ Common Stock (2,000 underlying)
Holdings
- 30(indirect: by Daughter)
Common Stock
Footnotes (2)
- [F1]Includes 6,000 shares of common stock underlying Restricted Stock Units (RSUs) granted under the Non-Employee Director Deferred Stock Unit Award Program so that each RSU represents a contingent right to receive one share of common stock. The RSUs vest annually in 1/3 increments beginning on December 3, 2011; however, the shares are distributed only upon termination of the Reporting Person's services as a director of the Issuer.
- [F2]The awards vest annually in 1/3 increments beginning on December 3, 2011. reflect the correct strike price of $9.40.