4//SEC Filing
Smernoff Chris 4
Accession 0001411342-24-000120
CIK 0001411342other
Filed
Dec 19, 7:00 PM ET
Accepted
Dec 20, 6:08 PM ET
Size
6.7 KB
Accession
0001411342-24-000120
Insider Transaction Report
Form 4
Smernoff Chris
Chief Accounting Officer
Transactions
- Award
OP LTIP Units
2024-12-20+14,992→ 82,157 total→ Common Units (14,992 underlying)
Footnotes (3)
- [F1]Represents a separate non-voting class of limited liability company interests ("OP LTIP Units") of Ellington Financial Operating Partnership LLC (the "Operating Partnership"), the operating partnership subsidiary of Ellington Financial Inc. (the "Company").
- [F2]10,620 of the OP LTIP Units will vest on December 12, 2025 and the remaining 4,372 of the OP LTIP units will vest December 12, 2026. The OP LTIP Units may be converted, upon lapse of the vesting restrictions described above, at the election of the holder, or at any time at the election of the Company, into limited liability company interests of the Operating Partnership designated as common units ("Common Units") on a one-for-one basis. Subject to certain conditions, the Common Units are redeemable by the holder for an equivalent number of shares of common stock of the Company, $0.001 par value per share ("Common Stock") or for the cash value of such Common Stock, at the Company's election. The OP LTIP Units were issued pursuant to, and are subject to the terms and conditions of, the Company's 2017 Equity Incentive Plan.
- [F3]5,622 of the OP LTIP units will vest on December 14, 2025.
Documents
Issuer
Ellington Financial Inc.
CIK 0001411342
Entity typeother
Related Parties
1- filerCIK 0001732958
Filing Metadata
- Form type
- 4
- Filed
- Dec 19, 7:00 PM ET
- Accepted
- Dec 20, 6:08 PM ET
- Size
- 6.7 KB