Rebecca Sandberg - Jan 30, 2023 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 30, 2023
Transactions value $
-$50,537
Form type
4
Date filed
2/1/2023, 03:25 PM
Previous filing
Jan 18, 2023
Next filing
Feb 10, 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 Sale -$50.5K -2.86K -2.76% $17.70 100K Jan 30, 2023 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 the vesting of a restricted stock award 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 $17.64 to $17.79, 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.