Ava L. Parker - Jul 1, 2024 Form 4 Insider Report for Orchid Island Capital, Inc. (ORC)

Role
Director
Signature
/s/ Ava L. Parker
Stock symbol
ORC
Transactions as of
Jul 1, 2024
Transactions value $
$16,130
Form type
4
Date filed
7/2/2024, 08:51 AM
Previous filing
Jun 28, 2024
Next filing
Jul 31, 2024

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 +2.55K +5.15% $0.00 52K Jul 1, 2024 Common Stock 2.55K Direct F1, F2
transaction ORC Deferred Stock Units Award $16.1K +1.93K +3.72% $8.34 53.9K Jul 1, 2024 Common Stock 1.93K 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.