REINSCH PHILLIP A 4
4 · CAPSTEAD MORTGAGE CORP · Filed Mar 11, 2019
Insider Transaction Report
Form 4
REINSCH PHILLIP A
Executive Vice President
Transactions
- Exercise/Conversion
Common Stock
2019-03-08+11,206→ 344,773 total - Exercise/Conversion
Restricted Stock Units
2019-03-08−55,751→ 192,383 total→ Common Stock (55,751 underlying)
Footnotes (1)
- [F1]On February 1, 2016, the reporting person was granted 55,751 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, 11,206 Units were converted into the Issuer's common stock on March 8, 2019, and 44,545 Units expired without converting into any common stock.