Ava L. Parker - Jul 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
Jul 3, 2023
Transactions value $
$15,349
Form type
4
Date filed
7/5/2023, 04:17 PM
Previous filing
Jun 29, 2023
Next filing
Aug 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 +1.85K +6.9% $0.00 28.7K Jul 3, 2023 Common Stock 1.85K Direct F1, F2
transaction ORC Deferred Stock Units Award $15.3K +1.48K +5.17% $10.35 30.2K Jul 3, 2023 Common Stock 1.48K 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.