Paula Morabito - Oct 5, 2022 Form 4 Insider Report for Orchid Island Capital, Inc. (ORC)

Role
Director
Signature
/s/ Paula Morabito
Stock symbol
ORC
Transactions as of
Oct 5, 2022
Transactions value $
$0
Form type
4
Date filed
4/3/2023, 05:16 PM
Previous filing
Jul 5, 2022
Next filing
Jan 3, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ORC Common Stock Small acquisition under Rule 16a-6 +106 +9.18% 1.26K Apr 3, 2023 Direct F1, F2, F3

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 +2.29K +18.25% $0.00 14.8K Oct 5, 2022 Common Stock 2.29K Direct F3, F4, F5
transaction ORC Deferred Stock Units Award $0 +1.75K +11.79% $0.00 16.6K Apr 3, 2023 Common Stock 1.75K Direct F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This Form 4 has been updated to correct a de minimis error in certain prior Form 4s of the reporting person regarding the number of shares held by the reporting person.
F2 Shares were purchased in the past at various prices.
F3 The number of shares of common stock reflects the Issuer's one-for-five reverse stock split, effective August 30, 2022.
F4 Each deferred stock unit represents a right to receive one share of the Issuer's common stock.
F5 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.