CIFC LLC 4

4 · CIFC LLC · Filed Apr 4, 2016

Form 4

Period: 2016-03-31

Co-President

Transactions

Exercise/Conversion
Restricted Share Units
2016-03-31−6,000→ 258,000 total
From: 2016-03-31Exp: 2016-03-31→ Common Shares (6,000 underlying)
Exercise/Conversion
Common Shares
2016-03-31+62,250→ 470,111 total
Tax Payment
Common Shares
2016-03-31$7.10/sh−14,497$102,929→ 455,614 total
Exercise/Conversion
Restricted Share Units
2016-03-31−56,250→ 0 total
From: 2016-03-31Exp: 2016-03-31→ Common Shares (56,250 underlying)

Holdings

Common Shares
(indirect: Held in Deutsche Bank Group International Pension Plan)
82,676

Footnotes (3)

[F1]Each Restricted Share Unit represents a contingent right to receive one Common Share of the Issuer.
[F2]The Restricted Share 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 Share Units are subject to adjustment, acceleration and forfeit as more fully described in the Restricted Share Unit Award Agreement, dated June 13, 2014, between the Issuer and the Reporting Person.
[F3]Grant resulting from meeting certain performance criteria contained in an award agreement made on June 13, 2014, as amended on December 31, 2015.

Documents

1 file