W. Coleman Bitting - 05 Oct 2022 Form 4 Insider Report for Orchid Island Capital, Inc. (ORC)

Role
Director
Signature
/s/ W Coleman Bitting
Issuer symbol
ORC
Transactions as of
05 Oct 2022
Net transactions value
$0
Form type
4
Filing time
03 Apr 2023, 17:18:50 UTC
Previous filing
05 Jul 2022
Next filing
03 Jan 2023
SEC
View on sec.gov

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 +65 +1.6% 4,253 03 Apr 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 +2,286 +21% $0.000000 13,002 05 Oct 2022 Common Stock 2,286 Direct F3, F4, F5
transaction ORC Deferred Stock Units Award $0 +1,747 +13% $0.000000 14,749 03 Apr 2023 Common Stock 1,747 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.