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

Role
CHAIRMAN, CHIEF EXEC. & DIR., Director
Signature
/s/ George Mangiaracina
Stock symbol
IMPM
Transactions as of
Feb 24, 2022
Transactions value $
-$15,001
Form type
4
Date filed
2/28/2022, 07:23 PM
Next filing
Mar 3, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IMPM Common Stock Sale -$15K -20.5K -7.6% $0.73* 249K Feb 24, 2022 Direct F1, F2

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) 35K Feb 24, 2022 Common Stock 35K $10.00 Direct
holding IMPM Non-Qualified Stock Option (right to buy) 25K Feb 24, 2022 Common Stock 25K $20.50 Direct
holding IMPM Non-Qualified Stock Option (right to buy) 25K Feb 24, 2022 Common Stock 25K $17.40 Direct
holding IMPM Non-Qualified Stock Option (right to buy) 24K Feb 24, 2022 Common Stock 24K $13.72 Direct
holding IMPM Non-Qualified Stock Option (right to buy) 200K Feb 24, 2022 Common Stock 200K $3.75 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Aggregate number of shares sold on the same day at different prices. 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 Represents the weighted average sales price. Shares were sold at prices ranging from $0.73 to $0.75 per share. Full information regarding the number of Shares sold at each price shall be provided to the Securities and Exchange Commission staff, Issuer or any security holder, upon request.
F3 The options vest annually in 1/3 increments and will be fully vested on February 26, 2022.