Penn Laurence 4
4 · Ellington Financial LLC · Filed Nov 15, 2018
Insider Transaction Report
Form 4
Penn Laurence
DirectorCEO and President
Transactions
- Purchase
Common Shares rep limited liability company interests
2018-11-14$16.15/sh+28,631$462,391→ 105,563 total
Holdings
- 468,611(indirect: See footnote)
Common Shares rep limited liability company interests
Footnotes (2)
- [F1]This transaction was executed in multiple trades at prices ranging from $16.09 to $16.23. The price reported above reflects the weighted average purchase price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- [F2]Mr. Penn is a limited partner in EMG Holdings L.P. ("EMGH"), which holds certain common shares with respect to which Mr. Penn receives the economic benefit but does not have voting or dispositive power while held by EMGH. Historically, Mr. Penn has had the right to withdraw from EMGH some of those common shares, but not others. Mr. Penn currently has the right to withdraw 468,611 of these common shares from EMGH.