RHP Trust, dated May 31, 2011 - Oct 13, 2021 Form 4 Insider Report for IMPAC MORTGAGE HOLDINGS INC (IMPM)

Role
10%+ Owner
Signature
/s/ Richard H. Pickup, Trustee
Stock symbol
IMPM
Transactions as of
Oct 13, 2021
Transactions value $
$896,000
Form type
4
Date filed
10/15/2021, 05:00 PM
Next filing
Nov 29, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IMPM Common Stock Purchase $896K +700K +19.44% $1.28* 4.3M Oct 13, 2021 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding IMPM Convertible Promissory Note Due 2020 13.8M Oct 13, 2021 Common Stock 640K $21.50 Direct F1
holding IMPM Warrant 117K Oct 13, 2021 Common Stock 117K $2.97 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 As previously reported on a Form 4 filed by Reporting Person on May 11, 2015, on May 8, 2015, Reporting Person purchased a Convertible Promissory Note Due 2020 in the original principal amount of $13,750,000 that is convertible by Reporting Person at any time after January 1, 2016, and, upon conversion of the original principal amount prior to maturity at the initial conversion price of $21.50 per share (subject to adjustment in the event of stock splits, stock dividends and reclassifications), Reporting Person will receive 639,535 shares of common stock (subject to adjustment in the event of stock splits, stock dividends and reclassifications). The Convertible Promissory Note Due 2020, as amended on April 15, 2020, is due and payable, to the extent not converted, on or before November 9, 2020.