Bitting W Coleman 4
4 · Orchid Island Capital, Inc. · Filed Jan 3, 2023
Insider Transaction Report
Form 4
Bitting W Coleman
Director
Transactions
- Award
Deferred Stock Units
2023-01-03+1,785→ 13,002 total→ Common Stock (1,785 underlying)
Footnotes (3)
- [F1]Each deferred stock unit represents a right to receive one share of the Issuer's common stock.
- [F2]The reported shares represent deferred stock units granted in lieu of cash compensation. The shares are issuable on the earlier to occur of death, disability, a change in control or separation from service.
- [F3]The deferred stock units are 100% vested but do not become payable until the reporting person's separation from service as a director of the Issuer.