Sandberg Rebecca B 4
4 · TWO HARBORS INVESTMENT CORP. · Filed Jan 10, 2024
Insider Transaction Report
Form 4
Sandberg Rebecca B
Chief Legal Officer
Transactions
- Award
Common stock, par value $0.01 per share
2024-01-08+7,398→ 126,671 total - Sale
Common stock, par value $0.01 per share
2024-01-09$14.05/sh−3,446$48,418→ 123,225 total - Award
Common stock, par value $0.01 per share
2024-01-08+25,582→ 119,273 total
Footnotes (3)
- [F1]Represents restricted stock units ("RSUs") granted to the reporting person under the Two Harbors Investment Corp. 2021 Equity Incentive Plan ("The Plan"). The awards were received as a grant for no consideration. The common stock underlying the RSUs will vest, subject to certain limitations, in equal installments on January 8, 2025, 2026 and 2027.
- [F2]Represents shares of common stock received by the reporting person in connection with the vesting of performance share units ("PSUs") previously granted to the reporting person under the Plan.
- [F3]The reporting person sold shares to satisfy income tax liabilities incurred as a result of the vesting of the PSUs. The sale reported on this Form 4 was effected pursuant to trading instructions given by the reporting person on August 3, 2023 in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934.