RONALD I. SIMON - 13 Sep 2023 Form 4 Insider Report for Ellington Residential Mortgage REIT (EARN)

Role
Director
Signature
/s/ Alaael-Deen Shilleh, as attorney-in-fact for Ronald I. Simon, Ph.D
Issuer symbol
EARN
Transactions as of
13 Sep 2023
Transactions value $
$0
Form type
4
Filing time
15 Sep 2023, 16:27:44 UTC
Previous filing
15 Sep 2022
Next filing
18 Dec 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EARN Common shares of beneficial interest Award $0 +8.23K +59.81% $0.00 22K 13 Sep 2023 Direct F1, F2
holding EARN Common shares of beneficial interest 33K 13 Sep 2023 By Trust F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The common shares of beneficial interest (the "Common Shares") were granted to the Reporting Person as an independent trustee under the Ellington Residential Mortgage REIT 2023 Equity Incentive Plan. The Common Shares will vest, subject to certain limitations, on September 12, 2024.
F2 Excludes 6,761 common shares previously owned directly which were transferred to the Simon Family Trust (the "Trust") on September 14, 2023.
F3 Includes 6,761 common shares previously owned directly which were transferred to the Trust on September 14, 2023.
F4 The shares are held in the Trust. Mr. Simon is a trustee of the Trust. Mr. Simon and his wife are the beneficiaries of the Trust. Mr. Simon disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.