Tiffany Entsminger - 24 Feb 2022 Form 4 Insider Report for IMPAC MORTGAGE HOLDINGS INC (IMPM)

Role
CHIEF OPERATING OFFICER
Signature
/s/ Tiffany Entsminger
Issuer symbol
IMPM
Transactions as of
24 Feb 2022
Net transactions value
-$815
Form type
4
Filing time
28 Feb 2022, 19:20:05 UTC
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IMPM Common Stock Sale $815 -1,087 -5% $0.7500* 20,483 24 Feb 2022 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
holding IMPM Non-Qualified Stock Option (right to buy) 10,000 24 Feb 2022 Common Stock 10,000 $9.85 Direct
holding IMPM Non-Qualified Stock Option (right to buy) 10,000 24 Feb 2022 Common Stock 10,000 $3.59 Direct
holding IMPM Non-Qualified Stock Option (right to buy) 7,767 24 Feb 2022 Common Stock 7,767 $3.29 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Sale is part of previously filed 10B5-1 plan for prearranged sales of the Company's common stock as part of long-term tax and asset diversification strategy, primarily to cover taxes related to the vesting of restricted stock units.
F2 The options vest annually in 1/3 increments and will be fully vested on February 17, 2024.