Ava L. Parker - 05 Oct 2022 Form 4 Insider Report for Orchid Island Capital, Inc. (ORC)

Role
Director
Signature
/s/ Ava L. Parker
Issuer symbol
ORC
Transactions as of
05 Oct 2022
Net transactions value
+$15,508
Form type
4
Filing time
30 Mar 2023, 17:10:10 UTC
Previous filing
29 Sep 2022
Next filing
01 Nov 2022
SEC
View on sec.gov

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 ORC Deferred Stock Units Award $0 +2,286 +12% $0.000000 20,888 05 Oct 2022 Common Stock 2,286 Direct F1, F2
transaction ORC Deferred Stock Units Award $11,939 +1,456 +7% $8.20 22,344 05 Oct 2022 Common Stock 1,456 Direct F1, F2, F3
transaction ORC Deferred Stock Units Award $3,569 +338 +1.5% $10.56 22,682 30 Mar 2023 Common Stock 338 Direct F1, F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each deferred stock unit represents a right to receive one share of the Issuer's common stock.
F2 The deferred stock units are 100% vested but do not become payable until the earlier to occur of a change of control or the reporting person's death, disability, or separation from service as a director of the Issuer.
F3 The reported shares represent deferred stock units granted in lieu of cash compensation.
F4 The reported shares represent deferred stock units issued in lieu of the Issuer's monthly dividend pursuant to the reporting person's election.