CIFC Corp. 4
4 · CIFC Corp. · Filed Dec 23, 2015
Insider Transaction Report
Form 4
CIFC Corp.CIFC
Agarwal Rahul N
Chief Financial Officer
Transactions
- Exercise/Conversion
Performance Shares
2015-12-21−3,750→ 3,750 totalExp: 2016-12-21→ Common Stock (3,750 underlying) - Exercise/Conversion
Common Stock
2015-12-21+3,750→ 11,250 total
Footnotes (2)
- [F1]As previously reported, on October 9, 2013, the Reporting Person was granted 15,000 Performance Shares, 3,750 of which vested on December 21, 2015. Each Performance Share awarded to the Reporting Person represents the right to receive one share of the Issuer's common stock, as specified in the Restricted Stock Unit Agreement between the Issuer and the Reporting Person. The vested Performance Shares were settled by the issuance to the Reporting Person of 3,750 shares of common stock.
- [F2]The Performance Shares vest ratably over a four-year period, with 3,750 units vested on December 21, 2013, 3,750 shares vested on December 21, 2014, 3,750 vested on December 21, 2015, and 3,750 vesting on December 21, 2016, subject to the Reporting Person's continued employment with the Issuer.