Frank P. Filipps - Jan 3, 2022 Form 4 Insider Report for Orchid Island Capital, Inc. (ORC)

Role
Director
Signature
/s/ Frank P. Filipps
Stock symbol
ORC
Transactions as of
Jan 3, 2022
Transactions value $
$0
Form type
4
Date filed
1/3/2022, 04:13 PM
Previous filing
Oct 1, 2021
Next filing
Feb 15, 2022

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 +3.33K +10.68% $0.00 34.5K Jan 3, 2022 Common Stock 3.33K 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.