Form 4 for ORC Orchid Island Capital, Inc.
Accepted 2024-12-26 00:00:00 ET · period of report 2024-12-26 · accession 0001437749-24-038394 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2024-12-26 | 2024-12-26 | ORC | Haas G Hunter IV | CFO, Dir | F - Tax | $7.87 | -959 | 69.0K | -1% | -$7,547 |
| D | 2024-12-26 | 2024-12-26 | ORC | Haas G Hunter IV | CFO, Dir | M - OptEx | $0.00 | +2,566 | 70.0K | +4% | $0 |
| D | 2024-12-26 | 2024-12-26 | ORC | Haas G Hunter IV | CFO, Dir | M - OptEx | $0.00 | -2,567 | 24.4K | -10% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2024-12-26 | F | D | 959 | $7.87 | 68,998 | D | — | — | (F2) The Reporting Person disposed of these shares of the Company's common stock to the Issuer to satisfy the Reporting Person's tax withholding obligations in connection with the vesting of shares. (F3) The price represents the closing price of the Company's common stock on December 24, 2024. |
| 2 | Common | Common Stock | 2024-12-26 | M | A | 2,566 | $0.00 | 69,957 | D | — | — | (F1) These shares represent 724 shares of the Company's common stock issued upon the vesting of Performance Units awarded to the Reporting Person on March 28, 2022 pursuant to the Issuer's 2021 Equity Incentive Plan and 2021 Long Term Equity Incentive Compensation Plan, and 1,842 shares of the Company's common stock issued upon the vesting of Performance Units awarded to the Reporting Person on April 13, 2023 pursuant to the Issuer's 2021 Equity Incentive Plan and 2022 Long Term Equity Incentive Compensation Plan. Cash was paid in lieu of issuing fractional shares based on the closing price of the Company's common stock on December 24, 2024. |
| 3 | Derivative | Performance Units | 2024-12-26 | M | D | 2,566.73 | $0.00 | 24,394.29 | D | — · — to — | 2,566.73 Common Stock | (F1) These shares represent 724 shares of the Company's common stock issued upon the vesting of Performance Units awarded to the Reporting Person on March 28, 2022 pursuant to the Issuer's 2021 Equity Incentive Plan and 2021 Long Term Equity Incentive Compensation Plan, and 1,842 shares of the Company's common stock issued upon the vesting of Performance Units awarded to the Reporting Person on April 13, 2023 pursuant to the Issuer's 2021 Equity Incentive Plan and 2022 Long Term Equity Incentive Compensation Plan. Cash was paid in lieu of issuing fractional shares based on the closing price of the Company's common stock on December 24, 2024. |