Thomas Siering - May 13, 2021 Form 4 Insider Report for TWO HARBORS INVESTMENT CORP. (TWO)

Role: Director
Signature: /s/ Thomas Siering
Stock symbol: TWO
Transactions as of: May 13, 2021
Transactions value $: -$2,104,380
Form type: 4
Date filed: 5/17/2021, 05:20 PM
Next filing: May 20, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	TWO	Common stock, par value $0.01 per share	Sale	-$1.4M	-200K	-26.68%	$6.98	550K	May 13, 2021	Direct	F1
transaction	TWO	Common stock, par value $0.01 per share	Sale	-$709K	-100K	-18.19%	$7.09	450K	May 14, 2021	Direct
holding	TWO	Common stock, par value $0.01 per share						364K	May 13, 2021	Thomas E. Siering Revocable Trust	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.9577 to $7.0180, inclusive. The reporting person undertakes to provide to Two Harbors Investment Corp., any security holder of Two Harbors Investment Corp., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
F2	Includes 363,636 shares previously held indirectly through grantor retained annuity trusts which were distributed to and are now held indirectly in the Thomas E. Siering Revocable Trust.

Content

The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.9577 to $7.0180, inclusive. The reporting person undertakes to provide to Two Harbors Investment Corp., any security holder of Two Harbors Investment Corp., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.

Includes 363,636 shares previously held indirectly through grantor retained annuity trusts which were distributed to and are now held indirectly in the Thomas E. Siering Revocable Trust.