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

Signature
/s/ Tiffany Entsminger
Stock symbol
IMPM
Transactions as of
Feb 24, 2022
Transactions value $
-$815
Form type
4
Date filed
2/28/2022, 07:20 PM

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IMPM Common Stock Sale -$815 -1.09K -5.04% $0.75* 20.5K Feb 24, 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) 10K Feb 24, 2022 Common Stock 10K $9.85 Direct
holding IMPM Non-Qualified Stock Option (right to buy) 10K Feb 24, 2022 Common Stock 10K $3.59 Direct
holding IMPM Non-Qualified Stock Option (right to buy) 7.77K Feb 24, 2022 Common Stock 7.77K $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.