John Herlihy - Dec 16, 2021 Form 4 Insider Report for Ellington Residential Mortgage REIT (EARN)

Role: Chief Operating Officer
Signature: /s/ Jason Frank, as attorney-in-fact for JR Herlihy
Stock symbol: EARN
Transactions as of: Dec 16, 2021
Transactions value $: $0
Form type: 4
Date filed: 12/20/2021, 03:12 PM
Next filing: Dec 19, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	EARN	Common shares	Award	$0	+7.77K	+54.5%	$0.00	22K	Dec 16, 2021	Direct	F1, F2

* 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 the Company's Chief Operating Officer, under the Ellington Residential Mortgage REIT 2013 Equity Incentive Plan. 3,884 of the Common Shares will vest, subject to certain limitations, on December 16, 2022, and the remaining 3,883 of the Common Shares will vest, subject to certain limitations, on December 16, 2023.
F2	2,935 of these Common Shares will vest, subject to certain limitations, on December 17, 2022.

Content

The common shares of beneficial interest (the "Common Shares") were granted to the Reporting Person as the Company's Chief Operating Officer, under the Ellington Residential Mortgage REIT 2013 Equity Incentive Plan. 3,884 of the Common Shares will vest, subject to certain limitations, on December 16, 2022, and the remaining 3,883 of the Common Shares will vest, subject to certain limitations, on December 16, 2023.

2,935 of these Common Shares will vest, subject to certain limitations, on December 17, 2022.