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4//SEC Filing

CIFC Corp. 4

Accession 0001545421-15-000009

CIK 0001313918operating

Filed

Sep 29, 8:00 PM ET

Accepted

Sep 30, 5:53 PM ET

Size

7.7 KB

Accession

0001545421-15-000009

Insider Transaction Report

Form 4
Period: 2015-09-30
Vaccaro Stephen J
Chief Investment Officer
Transactions
  • Exercise/Conversion

    Restricted Stock Units

    2015-09-303,000279,000 total
    Common Stock (3,000 underlying)
  • Exercise/Conversion

    Common Stock

    2015-09-30+3,00087,223 total
Footnotes (2)
  • [F1]Each Restricted Stock Unit represents a contingent right to receive on share of Common Stock of the Issuer.
  • [F2]The Restricted Stock Units vest in five equal tranches and installments as follows: (i) 60,000 vest at a rate of 20% on December 31, 2014 and in 16 equal quarterly installments thereafter; (ii) 60,000 vest at a rate of 20% on December 31, 2015 and in 16 equal quarterly installments thereafter; (iii) 60,000 vest at a rate of 20% on December 31, 2016 and in 16 equal quarterly installments thereafter; (iv) 60,000 vest at a rate of 20% on December 31, 2017 and in 16 equal quarterly installments thereafter; and (v) 60,000 vest at a rate of 20% on December 31, 2018 and in 16 equal quarterly installments thereafter. The Restricted Stock Units are subject to adjustment, acceleration and forfeit as more fully described in the Restricted Stock Unit Award Agreement, dated June 13, 2014, between the Issuer and the Reporting Person.

Issuer

CIFC Corp.

CIK 0001313918

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0001313918

Filing Metadata

Form type
4
Filed
Sep 29, 8:00 PM ET
Accepted
Sep 30, 5:53 PM ET
Size
7.7 KB