Paula Morabito - 01 Jul 2022 Form 4 Insider Report for Orchid Island Capital, Inc. (ORC)

Role
Director
Signature
/s/ Paula Morabito
Issuer symbol
ORC
Transactions as of
01 Jul 2022
Net transactions value
$0
Form type
4
Filing time
05 Jul 2022, 16:42:43 UTC
Previous filing
01 Apr 2022
Next filing
03 Apr 2023
SEC
View on sec.gov

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 +5,494 +11% $0.000000 53,714 01 Jul 2022 Common Stock 5,494 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.