Ava L. Parker - Apr 3, 2023 Form 4 Insider Report for Orchid Island Capital, Inc. (ORC)

Role
Director
Signature
/s/ Ava L. Parker
Stock symbol
ORC
Transactions as of
Apr 3, 2023
Transactions value $
$13,691
Form type
4
Date filed
4/3/2023, 05:08 PM
Previous filing
Mar 1, 2023
Next filing
May 1, 2023

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 +1.75K +7.7% $0.00 24.4K Apr 3, 2023 Common Stock 1.75K Direct F1, F2
transaction ORC Deferred Stock Units Award $13.7K +1.28K +5.22% $10.73 25.7K Apr 3, 2023 Common Stock 1.28K Direct F1, F2, F3
* 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.