Ava L. Parker - Sep 29, 2021 Form 4 Insider Report for Orchid Island Capital, Inc. (ORC)

Role
Director
Signature
/s/ Ava L. Parker
Stock symbol
ORC
Transactions as of
Sep 29, 2021
Transactions value $
$0
Form type
4
Date filed
10/1/2021, 04:39 PM
Previous filing
Aug 31, 2021
Next filing
Nov 1, 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 Units Award $0 +457 +1.3% $0.00 35.7K Sep 29, 2021 Common Stock 457 Direct F1, F2, F3
transaction ORC Deferred Stock Units Award $0 +3.07K +8.6% $0.00 38.7K Oct 1, 2021 Common Stock 3.07K Direct F1, F3
* 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 Deferred stock units issued in lieu of the issuer's monthly dividend pursuant to the reporting person's election.
F3 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.