WALSH JAMES 4
4 · IMPAC MORTGAGE HOLDINGS INC · Filed Nov 29, 2012
Insider Transaction Report
Form 4
WALSH JAMES
Director
Transactions
- 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) - Award
Common Stock
2012-11-27+6,000→ 24,347 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) - Sale
Common Stock
2012-11-27$13.65/sh−6,500$88,725→ 18,347 total
Holdings
- 30(indirect: by Daughter)
Common Stock
Footnotes (3)
- [F1]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.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $13.55 to $13.76. The reporting person undertakes to provide to Impac Mortgage Holdings, Inc., any security holder of Impac, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (2) to this Form 4.
- [F3]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.