Benjamin J. Strickler - Feb 17, 2023 Form 4 Insider Report for Arlington Asset Investment Corp. (AAIC)

Role: Chief Accounting Officer
Signature: Benjamin J. Strickler
Stock symbol: AAIC
Transactions as of: Feb 17, 2023
Transactions value $: $0
Form type: 4
Date filed: 2/17/2023, 03:32 PM
Previous filing: Jan 30, 2023
Next filing: Oct 31, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AAIC	Class A Common Stock	Award	$0	+5.23K	+3.34%	$0.00	162K	Feb 17, 2023	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents restricted shares of Class A common stock ("Restricted Stock") granted to the reporting person on February 17, 2023 (the "Date of Grant"), upon earning a portion of Performance Restricted Stock Units ("PSUs") originally granted effective February 17, 2022, pursuant to the Arlington Asset Investment Corp. 2021 Long-Term Incentive Plan. A portion of the PSUs were earned at the end of a one-year performance period, at which time, any earned PSUs were to be settled by the grant of Restricted Stock on a one-for-one basis, with a vesting schedule that provides that the Restricted Stock shall vest and become nonforfeitable on the second anniversary of the Date of Grant, subject to the reporting persons continued employment.

Content

Represents restricted shares of Class A common stock ("Restricted Stock") granted to the reporting person on February 17, 2023 (the "Date of Grant"), upon earning a portion of Performance Restricted Stock Units ("PSUs") originally granted effective February 17, 2022, pursuant to the Arlington Asset Investment Corp. 2021 Long-Term Incentive Plan. A portion of the PSUs were earned at the end of a one-year performance period, at which time, any earned PSUs were to be settled by the grant of Restricted Stock on a one-for-one basis, with a vesting schedule that provides that the Restricted Stock shall vest and become nonforfeitable on the second anniversary of the Date of Grant, subject to the reporting persons continued employment.