Angel Oak Mortgage Fund, LP - Jun 21, 2021 Form 4 Insider Report for Angel Oak Mortgage, Inc. (AOMR)

Role: 10%+ Owner
Signature: Angel Oak Mortgage Fund, LP, by: Falcons I, LLC, General Partner, by /s/ Michael Fierman, Member
Stock symbol: AOMR
Transactions as of: Jun 21, 2021
Transactions value $: $0
Form type: 4
Date filed: 6/23/2021, 04:56 PM
Previous filing: Jun 16, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AOMR	Common Stock	Other	$0	+15.7M	+1572305%	$0.00	15.7M	Jun 21, 2021	Direct	F1, F2
transaction	AOMR	Common Stock	Other	$0	-15.7M	-100%	$0.00^*	0	Jun 21, 2021	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	In connection with the completion of Issuer's initial public offering, as part of the Issuer's formation transactions: (a) the Issuer declared a stock dividend that resulted in the issuance of 15,723,050 shares of common stock to the Reporting Person; (b) the Reporting Person distributed the 15,724,050 shares of common stock it owned to its partners pursuant to the terms of its limited partnership agreement; and (c) the Reporting Person was terminated.
F2	The general partner of Angel Oak Mortgage Fund, L.P. is Falcons I, LLC, whose sole members are Sreeniwas Prabhu and Michael Fierman, who may be deemed to be the beneficial owners of the shares of common stock held by Angel Oak Mortgage Fund, L.P. Messrs. Prabhu and Fierman disclaim beneficial ownership of the shares of common stock held by Angel Oak Mortgage Fund, L.P., except to the extent of their pecuniary interest therein.

Content

In connection with the completion of Issuer's initial public offering, as part of the Issuer's formation transactions: (a) the Issuer declared a stock dividend that resulted in the issuance of 15,723,050 shares of common stock to the Reporting Person; (b) the Reporting Person distributed the 15,724,050 shares of common stock it owned to its partners pursuant to the terms of its limited partnership agreement; and (c) the Reporting Person was terminated.

The general partner of Angel Oak Mortgage Fund, L.P. is Falcons I, LLC, whose sole members are Sreeniwas Prabhu and Michael Fierman, who may be deemed to be the beneficial owners of the shares of common stock held by Angel Oak Mortgage Fund, L.P. Messrs. Prabhu and Fierman disclaim beneficial ownership of the shares of common stock held by Angel Oak Mortgage Fund, L.P., except to the extent of their pecuniary interest therein.