Ava L. Parker - 01 Jul 2024 Form 4 Insider Report for Orchid Island Capital, Inc. (ORC)

Role
Director
Signature
/s/ Ava L. Parker
Issuer symbol
ORC
Transactions as of
01 Jul 2024
Net transactions value
+$16,130
Form type
4
Filing time
02 Jul 2024, 08:51:23 UTC
Previous filing
28 Jun 2024
Next filing
31 Jul 2024
SEC
View on sec.gov

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 +2,547 +5.1% $0.000000 52,006 01 Jul 2024 Common Stock 2,547 Direct F1, F2
transaction ORC Deferred Stock Units Award $16,130 +1,934 +3.7% $8.34 53,940 01 Jul 2024 Common Stock 1,934 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.