PEERS STEPHAN 4
4 · IMPAC MORTGAGE HOLDINGS INC · Filed Nov 29, 2012
Insider Transaction Report
Form 4
PEERS STEPHAN
Director
Transactions
- Award
Common Stock
2012-11-27+6,000→ 13,543 total
Holdings
- 30,000
Non-Qualified Stock Option
Exercise: $0.53From: 2010-06-09Exp: 2019-06-09→ Common Stock (30,000 underlying) - 6,000
Non-Qualified Stock Option
Exercise: $2.73From: 2011-12-03Exp: 2020-12-03→ Common Stock (6,000 underlying)
Footnotes (3)
- [F1]Represents 6,000 shares of common stock underlying Deferred Stock Units (DSUs) granted under the Non-Employee Director Deferred Stock Unit Award Program so that each DSU represents a contingent right to receive one share of common stock. The DSUs vest annually in 1/2 increments beginning on November 27, 2013; however, the shares are distributed only upon termination of the Reporting Person's services as a director of the Issuer.
- [F2]Includes 6,000 shares of common stock underlying Deferred Stock Units (DSUs) granted under the Non-Employee Director Deferred Stock Unit Award Program so that each DSU represents a contingent right to receive one share of common stock. The DSUs 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.
- [F3]The awards vest annually in 1/3 increments beginning on December 3, 2011.