Ava L. Parker - 30 Sep 2024 Form 4 Insider Report for Orchid Island Capital, Inc. (ORC)

Role
Director
Signature
/s/ Ava L. Parker
Issuer symbol
ORC
Transactions as of
30 Sep 2024
Net transactions value
+$21,026
Form type
4
Filing time
02 Oct 2024, 16:26:44 UTC
Previous filing
03 Sep 2024
Next filing
01 Nov 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 $6,650 +806 +1.5% $8.25 56,262 30 Sep 2024 Common Stock 806 Direct F1, F2, F3
transaction ORC Deferred Stock Units Award $0 +3,041 +5.4% $0.000000 59,303 01 Oct 2024 Common Stock 3,041 Direct F1, F3
transaction ORC Deferred Stock Units Award $14,377 +1,749 +2.9% $8.22 61,052 01 Oct 2024 Common Stock 1,749 Direct F1, F3, F4
* 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 reported shares represent deferred stock units issued in lieu of the Issuer's monthly dividend pursuant to the reporting person's election.
F3 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.
F4 The reported shares represent deferred stock units granted in lieu of cash compensation.