Ava L. Parker - 28 Sep 2022 Form 4 Insider Report for Orchid Island Capital, Inc. (ORC)

Role
Director
Signature
/s/ Ava . L Parker
Issuer symbol
ORC
Transactions as of
28 Sep 2022
Net transactions value
$0
Form type
4
Filing time
29 Sep 2022, 17:49:12 UTC
Previous filing
29 Aug 2022
Next filing
30 Mar 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 +265 +1.9% $0.000000 14,218 28 Sep 2022 Common Stock 265 Direct F1, F2, F3, F4
* 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.
F4 The number of shares of common stock reflects the one-for-five reverse stock split, effective as of August 30, 2022.