J. Rock Tonkel Jr - Aug 22, 2023 Form 4/A - Amendment Insider Report for Arlington Asset Investment Corp. (AAIC)

Role: President and CEO, Director
Signature: D. Scott Parish, Attorney-in-Fact
Stock symbol: AAIC
Transactions as of: Aug 22, 2023
Transactions value $: $0
Form type: 4/A - Amendment
Date filed: 9/11/2023, 05:00 PM
Date Of Original Report: Aug 23, 2023
Previous filing: Sep 11, 2023
Next filing: Dec 18, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	AAIC	Class A Common Stock						849K	Aug 22, 2023	Direct	F1

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	Restricted Stock Units	Award	$0	+196K	+33.33%	$0.00	784K	Aug 22, 2023	Class A Common Stock			Direct	F2

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

Explanation of Responses:

Id	Content
F1	Represents the current Class A common stock owned by the reporting person. No transaction occurred and is for informational purposes only.
F2	Represents Performance Restricted Stock Units ("Performance RSUs") originally granted on May 9, 2022 to the reporting person pursuant to the Arlington Asset Investment Corp. 2021 Long-Term Incentive Plan that were earned upon the achievement of certain performance goals. Each Performance RSU represents the right to receive one share of the Issuer's Class A common stock. The Performance RSUs vest ratably beginning on May 9, 2025, May 9, 2026 and May 9, 2027, or earlier upon a change in control of the Issuer. This Form 4 is being amended to correct the description of the award granted to the reporting person.

Content

Represents the current Class A common stock owned by the reporting person. No transaction occurred and is for informational purposes only.

Represents Performance Restricted Stock Units ("Performance RSUs") originally granted on May 9, 2022 to the reporting person pursuant to the Arlington Asset Investment Corp. 2021 Long-Term Incentive Plan that were earned upon the achievement of certain performance goals. Each Performance RSU represents the right to receive one share of the Issuer's Class A common stock. The Performance RSUs vest ratably beginning on May 9, 2025, May 9, 2026 and May 9, 2027, or earlier upon a change in control of the Issuer. This Form 4 is being amended to correct the description of the award granted to the reporting person.