4//SEC Filing
Herlihy John 4
Accession 0001628280-19-015154
CIK 0001411342other
Filed
Dec 16, 7:00 PM ET
Accepted
Dec 17, 4:32 PM ET
Size
9.9 KB
Accession
0001628280-19-015154
Insider Transaction Report
Form 4
Herlihy John
Chief Financial Officer
Transactions
- Award
OP LTIP Units
2019-12-13+12,763→ 23,364 total→ Common Units (12,763 underlying)
Footnotes (3)
- [F1]Represents a separate non-voting class of limited liability company interests ("OP LTIP Units") of Ellington Financial Operating Partnership LLC (the "Operating Partnership"), the operating partnership subsidiary of Ellington Financial Inc. (the "Company").
- [F2]6,382 of the OP LTIP Units will vest on December 13, 2020 and the remaining 6,381 of the OP LTIP units will vest December 13, 2021. The OP LTIP Units may be converted, upon lapse of the vesting restrictions described above, at the election of the holder, or at any time at the election of the Company, into limited liability company interests of the Operating Partnership designated as common units ("Common Units") on a one-for-one basis. Subject to certain conditions, the Common Units are redeemable by the holder for an equivalent number of shares of common stock of the Company, $0.001 par value per share ("Common Shares") or for the cash value of such Common Shares, at the Company's election. The OP LTIP Units were issued pursuant to, and are subject to the terms and conditions of, the Company's 2017 Equity Incentive Plan (the "2017 Plan").
- [F3]5,300 of these OP LTIP Units will vest on December 11, 2020.
Issuer
Ellington Financial Inc.
CIK 0001411342
Entity typeother
Related Parties
1- filerCIK 0001734053
Filing Metadata
- Form type
- 4
- Filed
- Dec 16, 7:00 PM ET
- Accepted
- Dec 17, 4:32 PM ET
- Size
- 9.9 KB