W. Coleman Bitting - 01 Jul 2021 Form 4 Insider Report for Orchid Island Capital, Inc. (ORC)

Role
Director
Signature
/s/ W. Coleman Bitting
Issuer symbol
ORC
Transactions as of
01 Jul 2021
Net transactions value
$0
Form type
4
Filing time
01 Jul 2021, 16:42:00 UTC
Next filing
01 Oct 2021

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 Unit Award $0 +2,890 +11% $0.000000 28,149 01 Jul 2021 Common Stock 2,890 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each deferred stock unit represents a right to receive one share of the Issuer's common stock.
F2 The deferred stock units are 100% vested but do not become payable until the reporting person's separation from service as a director of the Issuer.