AG Mortgage Investment Trust, Inc. 5
5 · AG Mortgage Investment Trust, Inc. · Filed Feb 12, 2016
Insider Transaction Report
Form 5
Sigman Brian Chad
Chief Financial Officer
Transactions
- Exercise/Conversion
Common Stock
2015-07-01+666→ 18,166 total - Exercise/Conversion
Restricted Stock Units
2015-07-01−666→ 1,334 total→ Common Stock (666 underlying)
Footnotes (4)
- [F1]On July 1, 2015, 666 restricted stock units vested in 666 shares of common stock of AG Mortgage Investment Trust, Inc. (the "Company").
- [F2]Each restricted stock unit represents the right to receive one restricted share of common stock of the Company upon vesting of the unit. This transaction represents the settlement of vested restricted stock units in shares of common stock on their scheduled vesting date.
- [F3]The restricted stock units vest in three equal annual installments beginning July 1, 2015, assuming Mr. Sigman's continued employment with Angelo, Gordon & Co., L.P. on such vesting dates, as set forth in the applicable award agreement.
- [F4]These restricted stock units were transferred by AG REIT Management, LLC, the Company's external manager (the "Manager"), to Mr. Sigman for his service to the Manager.