CIFC LLC 4
4 · CIFC LLC · Filed Jul 5, 2016
Insider Transaction Report
Form 4
CIFC LLCCIFC
Weldon Julian
GC, CCO and Secretary
Transactions
- Exercise/Conversion
Common Shares
2016-06-30+3,334→ 123,501 total - Exercise/Conversion
Restricted Share Units
2016-06-30−3,334→ 20,000 total→ Common Shares (3,334 underlying)
Footnotes (3)
- [F1]Restricted Share Units granted March 30, 2015 and February 9, 2016 were previously reported on Table II as derivative securities. The balance of those grants, 103,501 Restricted Share Units, are now included in Table I, Column 5.
- [F2]Each Restricted Share Unit represents a contingent right to receive one Common Share of the Issuer.
- [F3]Reflects Restricted Share Units received by the Reporting Person on March 30, 2015, approximately 33% of which vested on December 31, 2015, and approximately 8.3% of which vest on the last day of each of the subsequent eight fiscal quarters. The Restricted Share Units are subject to adjustment, acceleration and forfeit as more fully described in the Restricted Share Unit Award Agreement, dated March 30, 2015, between the Issuer and the Reporting Person.