W. Coleman Bitting - 29 Aug 2023 Form 4 Insider Report for Orchid Island Capital, Inc. (ORC)

Role
Director
Signature
/s/ W Coleman Bitting
Issuer symbol
ORC
Transactions as of
29 Aug 2023
Net transactions value
+$309
Form type
4
Filing time
01 Apr 2025, 16:06:11 UTC
Previous filing
05 Jul 2023
Next filing
03 Oct 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ORC Common Stock Purchase $68 +7 +0.16% $9.70 4,260 29 Aug 2023 Direct F1
transaction ORC Common Stock Purchase $69.12 +8 +0.19% $8.73 4,268 27 Sep 2023 Direct F1
transaction ORC Common Stock Purchase $70.37 +11 +0.27% $6.19 4,279 27 Oct 2023 Direct F1
transaction ORC Common Stock Purchase $54.15 +7 +0.17% $7.38 4,287 28 Nov 2023 Direct F1
transaction ORC Common Stock Purchase $47.38 +5 +0.13% $8.83 4,292 27 Dec 2023 Direct F1

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 +3,324 +10% $0.000000 36,124 01 Apr 2025 Common Stock 3,324 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares acquired through inadvertent automatic enrollment in a dividend reinvestment program within the personal brokerage account of the reporting person. On the applicable transaction dates, the reporting person was unaware of the automatic enrollment in the reinvestment program, and this Form 4 is consequently being filed late.
F2 Each deferred stock unit represents a right to receive one share of the Issuer's common stock.
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.