FILIPPS FRANK P 4
4 · Orchid Island Capital, Inc. · Filed Apr 3, 2023
Insider Transaction Report
Form 4
FILIPPS FRANK P
Director
Transactions
- Award
Deferred Stock Units
2023-04-03+1,747→ 14,749 total→ Common Stock (1,747 underlying) - Award
Deferred Stock Units
2022-10-05+2,286→ 13,002 total→ Common Stock (2,286 underlying)
Footnotes (3)
- [F1]Each deferred stock unit represents a right to receive one share of the Issuer's common stock.
- [F2]The deferred stock units are 100% vested but do not become payable until the earlier to occur of a change of control or the reporting person's death, disability, or separation from service as a director of the Issuer.
- [F3]The number of shares of common stock reflects the Issuer's one-for-five reverse stock split, effective August 30, 2022.