GREGG WALTER E. JR. 4
4 · ANTHRACITE CAPITAL INC · Filed Aug 27, 2008
Insider Transaction Report
Form 4
GREGG WALTER E. JR.
Director
Transactions
- Award
Common Stock
2008-08-25+1,607→ 2,607 total
Footnotes (2)
- [F1]Quarterly payment in shares of Anthracite Capital, Inc. (the "Company") Common Stock of $75,000 annual retainer for reporting person as an Unaffiliated Director. The quarterly payment is made on the eleventh day of the applicable Window Period (as defined below) or as promptly as practicable thereafter so long as the reporting person is still serving as an Unaffiliated Director on the date of such payment.
- [F2]The number of shares of Common Stock payable under the retainer for a quarter is calculated by dividing the quarterly retainer amount by the average of the opening and closing prices of the Common Stock on the New York Stock Exchange during the first 10 trading days of the Window Period (as defined in the Amended and Restated Investment Advisory Agreement, dated as of March 31, 2008, between the Company and BlackRock Financial Management, Inc.) in the subsequent quarter.