David W. Faeder - Jun 15, 2021 Form 4 Insider Report for Arlington Asset Investment Corp. (AAIC)

Role
Director
Signature
D. Scott Parish, Attorney-in-Fact
Stock symbol
AAIC
Transactions as of
Jun 15, 2021
Transactions value $
$0
Form type
4
Date filed
6/17/2021, 05:02 PM
Next filing
Jan 4, 2022

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
transaction AAIC Deferred Stock Units Award $0 +19.6K $0.00 19.6K Jun 15, 2021 Class A Common Stock 19.6K Direct F1, F2
holding AAIC Restricted Stock Units 61.8K Jun 15, 2021 Class A Common Stock Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each deferred stock unit ("DSU") represents a contingent right to receive one share of Class A common stock.
F2 Represents annual grant of DSUs pursuant to the Company's 2021 Long-Term Incentive Plan in connection with the reporting person's service as a non-employee director of the Company. DSUs vest immediately on the award grant date. Vested DSUs are converted into shares of Class A common stock on a one-for-one basis upon the later of the reporting person's separation from service on the board or the first anniversary of the grant date (the "Settlement Date"). If a change in control occurs before the Settlement Date, the settlement will occur on the control change date. The reporting person does not have voting rights with respect to, but receives dividend equivalent payments on outstanding DSUs.
F3 Represents restricted stock units ("RSUs") previously granted pursuant the Company's prior long-term incentive plans. RSUs have the same material terms as DSUs. No transaction occurred and is for informational purposes only.