Kim Roy 4
4 · CAPSTEAD MORTGAGE CORP · Filed Mar 11, 2019
Insider Transaction Report
Form 4
Kim Roy
Senior Vice President
Transactions
- Exercise/Conversion
Common Stock
2019-03-08+8,928→ 122,547 total - Exercise/Conversion
Restricted Stock Units
2019-03-08−44,420→ 124,480 total→ Common Stock (44,420 underlying)
Footnotes (1)
- [F1]On February 1, 2016, the reporting person was granted 44,420 performance units (the "Units") which are convertible into common stock of the Issuer after the conclusion of the performance period beginning January 1, 2016 and ending December 31, 2018, with the conversion factor determined formulaically based on individual achievement of stated performance metrics outlined in the Issuer's 2016 Long-Term Award criteria, and the conversion date determined by the Issuer's Compensation Committee. As a result, 8,928 Units were converted into the Issuer's common stock on March 8, 2019, and 35,492 Units expired without converting into any common stock.