4//SEC Filing
Cauley Robert E 4
Accession 0001437749-24-030207
CIK 0001518621other
Filed
Sep 26, 8:00 PM ET
Accepted
Sep 27, 5:13 PM ET
Size
8.9 KB
Accession
0001437749-24-030207
Insider Transaction Report
Form 4
Cauley Robert E
DirectorPresident, CEO
Transactions
- Exercise/Conversion
Performance Units
2024-09-26−3,368.16→ 32,537.78 total→ Common Stock (3,368.18 underlying) - Exercise/Conversion
Common Stock
2024-09-26+3,368→ 132,340 total - Tax Payment
Common Stock
2024-09-26$8.05/sh−682$5,490→ 131,658 total
Footnotes (3)
- [F1]These shares represent 950 shares of the Company's common stock issued upon the vesting of Performance Units awarded to the Reporting Person on March 28, 2022 pursuant to the Issuer's 2021 Equity Incentive Plan and 2021 Long Term Equity Incentive Compensation Plan, and 2,418 shares of the Company's common stock issued upon the vesting of Performance Units awarded to the Reporting Person on April 13, 2023 pursuant to the Issuer's 2021 Equity Incentive Plan and 2022 Long Term Equity Incentive Compensation Plan. Cash was paid in lieu of issuing fractional shares based on the closing price of the Company's common stock on September 25, 2024.
- [F2]The Reporting Person disposed of these shares of the Company's common stock to the Issuer to satisfy the Reporting Person's tax withholding obligations in connection with the vesting of shares.
- [F3]This price represents the closing price of the Issuer's common stock on September 25, 2024.
Documents
Issuer
Orchid Island Capital, Inc.
CIK 0001518621
Entity typeother
Related Parties
1- filerCIK 0001303084
Filing Metadata
- Form type
- 4
- Filed
- Sep 26, 8:00 PM ET
- Accepted
- Sep 27, 5:13 PM ET
- Size
- 8.9 KB