Rebecca Sandberg - Jan 31, 2022 Form 4 Insider Report for TWO HARBORS INVESTMENT CORP. (TWO)

Role
General Counsel and Secretary
Signature
/s/ Rebecca B. Sandberg
Stock symbol
TWO
Transactions as of
Jan 31, 2022
Transactions value $
-$103,222
Form type
4
Date filed
2/1/2022, 03:25 PM
Previous filing
May 20, 2021
Next filing
Feb 8, 2022

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 -$103K -18.2K -6.12% $5.68 279K Jan 31, 2022 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The transactions reported on this Form 4 were effected pursuant to trading instructions given by the reporting person on February 16, 2021 in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934.
F2 The reporting person sold the shares to satisfy income tax liabilities incurred as a result of vestings on January 28, 2022 and January 29, 2022 of restricted stock awards previously granted to the reporting person.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.61 to $5.75, 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.