RONALD I. SIMON - 13 Sep 2022 Form 4 Insider Report for Ellington Residential Mortgage REIT (EARN)

Role
Director
Signature
/s/ Jason Frank, as attorney-in-fact for Ronald I. Simon
Issuer symbol
EARN
Transactions as of
13 Sep 2022
Transactions value $
$0
Form type
4
Filing time
15 Sep 2022, 16:03:59 UTC
Previous filing
16 Feb 2022
Next filing
15 Sep 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 +6.76K +49.13% $0.00 20.5K 13 Sep 2022 Direct F1, F2
holding EARN Common shares of beneficial interest 26.2K 13 Sep 2022 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 2013 Equity Incentive Plan. The Common Shares will vest, subject to certain limitations, on September 12, 2023.
F2 Excludes 4,204 common shares previously owned directly which were transferred to the Simon Family Trust (the "Trust") on September 14, 2022.
F3 Includes 4,204 common shares previously owned directly which were transferred to the Trust on September 14, 2022.
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.