Nicholas Letica - Jan 13, 2023 Form 4 Insider Report for TWO HARBORS INVESTMENT CORP. (TWO)

Role
Vice Pres. & Chief Inv. Off.
Signature
/s/ Nicholas Letica
Stock symbol
TWO
Transactions as of
Jan 13, 2023
Transactions value $
$0
Form type
4
Date filed
1/18/2023, 03:41 PM
Previous filing
Aug 17, 2022
Next filing
Aug 16, 2023

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 Award $0 +34.4K +66.3% $0.00 86.3K Jan 13, 2023 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents restricted stock units ("RSUs") granted to the Reporting Person under the Two Harbors Investment Corp. 2021 Equity Incentive Plan. The awards were received as a grant for no consideration. The common stock underlying the RSUs will vest, subject to certain limitations, in equal installments on January 13, 2024, 2025 and 2026.
F2 On November 1, 2022, the Issuer effected a one-for-four reverse stock split of its outstanding shares of common stock. The amount of securities beneficially owned reported on this Form 4 has been adjusted to reflect the reverse stock split.