CIFC LLC 4
4 · CIFC LLC · Filed Jul 5, 2016
Insider Transaction Report
Form 4
CIFC LLCCIFC
Agarwal Rahul N
Chief Financial Officer
Transactions
- Exercise/Conversion
Common Shares
2016-06-30+4,045→ 97,164 total - Exercise/Conversion
Restricted Share Units
2016-06-30−4,045→ 24,273 total→ Common Shares (4,045 underlying)
Footnotes (3)
- [F1]Restricted Share Units granted October 9, 2013, December 30, 2014 and February 9, 2016 were previously reported on Table II as derivative securities. The balance of those grants, 69,978 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]1/3 of the Restricted Share Units vest on December 31, 2015 and 1/12 of the Restricted Share Units vest on each of the next eight quarterly anniversaries, with the first quarterly installment vesting on the date that is 3 months from December 31, 2015, and are subject to adjustment, acceleration and forfeit as more fully described in the Restricted Share Unit Award Agreement, effective as of December 30, 2014, between the Issuer and the Reporting Person.