John Herlihy - Dec 14, 2023 Form 4 Insider Report for Ellington Residential Mortgage REIT (EARN)

Role: Chief Operating Officer
Signature: /s/ Alaael-Deen Shilleh, as attorney-in-fact for JR Herlihy
Stock symbol: EARN
Transactions as of: Dec 14, 2023
Transactions value $: $0
Form type: 4
Date filed: 12/18/2023, 07:43 PM
Previous filing: Jan 6, 2023
Next filing: Jan 2, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	EARN	Common shares	Award	$0	+10K	+35.8%	$0.00	38.1K	Dec 14, 2023	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 2023 Equity Incentive Plan. 5,020 of the Common Shares will vest, subject to certain limitations, on December 14, 2024, and the remaining 5,020 of the Common Shares will vest, subject to certain limitations, on December 14, 2025.
F2	4,061 of these Common Shares will vest, subject to certain limitations, on December 15, 2024.

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 2023 Equity Incentive Plan. 5,020 of the Common Shares will vest, subject to certain limitations, on December 14, 2024, and the remaining 5,020 of the Common Shares will vest, subject to certain limitations, on December 14, 2025.

4,061 of these Common Shares will vest, subject to certain limitations, on December 15, 2024.