4//SEC Filing
ANWORTH MORTGAGE ASSET CORP 4
Accession 0001209191-17-015896
CIK 0001047884operating
Filed
Feb 28, 7:00 PM ET
Accepted
Mar 1, 4:37 PM ET
Size
8.9 KB
Accession
0001209191-17-015896
Insider Transaction Report
Form 4
MCADAMS JOSEPH LLOYD
DirectorChairman, President & CEO
Transactions
- Other
Common Stock
2017-02-27−38,377→ 1,268,155 total
Holdings
- 41,500(indirect: By Spouse)
Common Stock
- 33,700(indirect: By Foundation)
Common Stock
- 91,169
Restricted Stock Unit
→ Common Stock (91,169 underlying)
Footnotes (6)
- [F1]Pursuant to action by the Compensation Committee of the Board of Directors of the Issuer on February 27, 2017, such shares have been forfeited by the reporting person, effective as of January 3, 2017, because they are no longer able to be vested.
- [F2]Mr. McAdams owns 62,500 shares individually. The balance of these shares are owned as community property with his spouse.
- [F3]Mr. McAdams' spouse owns 41,500 shares in which Mr. McAdams has disclaimed any beneficial interest.
- [F4]Shares held by the McAdams Foundation, of which Mr. McAdams is a director.
- [F5]1-for-1.
- [F6]The Restricted Stock Units are not vested at the Grant Date. During the period commencing on the day immediately following the three (3) year anniversary of the Grant Date and ending on the ten (10) year anniversary of the Grant Date, the Restricted Stock Units shall vest on the last day of any month when the total return to stockholders (meaning the aggregate of Common Stock price appreciation and dividends declared assuming full reinvestment of dividends) exceeds 10% per annum. During the period commencing on the Grant Date and ending on the last day of the calendar month after the three (3) year anniversary of the Grant Date, the Restricted Stock Units shall vest immediately upon the Grantee's involuntary termination of service for any reason other than for Cause.
Documents
Issuer
ANWORTH MORTGAGE ASSET CORP
CIK 0001047884
Entity typeoperating
IncorporatedMD
Related Parties
1- filerCIK 0001047884
Filing Metadata
- Form type
- 4
- Filed
- Feb 28, 7:00 PM ET
- Accepted
- Mar 1, 4:37 PM ET
- Size
- 8.9 KB