Hatteras Financial Corp 4
4 · Hatteras Financial Corp · Filed Jul 12, 2016
Insider Transaction Report
Form 4
Steele Kenneth A
CFO, Treasurer and Secretary
Transactions
- Disposition to Issuer
Common Stock
2016-07-12−243,136→ 0 total - Disposition to Issuer
Common Stock
2016-07-12−1,702→ 0 total(indirect: By LLC)
Footnotes (4)
- [F1]Disposed of pursuant to the Agreement and Plan of Merger, dated as of April 10, 2016 (the "Merger Agreement"), by and among Hatteras Financial Corp., Annaly Capital Management, Inc. ("Annaly") and Ridgeback Merger Sub Corporation.
- [F2]Pursuant to the Merger Agreement, (i) 116,682 shares of restricted common stock vested immediately prior to the Effective Time (as defined in the Merger Agreement) and were cancelled in exchange for the right to receive 1.5226 shares of Annaly restricted common stock per share of common stock, and (ii) 126,454 shares of common stock were exchanged for the right to receive the Offer Consideration or the Common Merger Consideration (each as defined in the Merger Agreement).
- [F3]Pursuant to the Merger Agreement, each share of common stock was exchanged for the right to receive the Offer Consideration or the Common Merger Consideration (each as defined in the Merger Agreement).
- [F4]The reporting person is a member of the limited liability company that owns the reported securities. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.