Mary Ann McGarry - 08 Dec 2021 Form 4 Insider Report for Guild Holdings Co (GHLD)

Role
CHIEF EXECUTIVE OFFICER, Director, 10%+ Owner
Signature
/s/ Lisa I. Klika, Attorney-in-Fact
Issuer symbol
GHLD
Transactions as of
08 Dec 2021
Net transactions value
+$134,774
Form type
4
Filing time
09 Dec 2021, 19:09:58 UTC
Previous filing
02 Jun 2021
Next filing
18 Apr 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GHLD Class A Common Stock, par value $0.01 per share Award $134,774 +9,015 +6.7% $14.95 143,776 08 Dec 2021 Direct F1, F2
holding GHLD Class A Common Stock, par value $0.01 per share 4,380,740 08 Dec 2021 By McGarry Strategic Enterprises, LLC F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents an adjustment to RSU holdings, pursuant to Section 5 of the Company's Restricted Stock Unit Agreement, resulting from the declaration of a cash dividend by the Board of Directors on November 4, 2021, and paid on December 8, 2021.
F2 Represents RSUs which represent a contingent right to receive one share of the Issuer's Class A Common Stock. The RSUs vest as to 25% of the units on each of the second and third anniversaries of the grant date of October 21, 2020 and as to 50% of the units on the fourth anniversary of the grant date, generally subject to the award recipient's continued employment through the applicable vesting date.
F3 4,380,740 shares of Class A Common Stock beneficially owned by Ms. McGarry through McGarry Strategic Enterprises, LLC, in which Ms. McGarry owns a 99% ownership interest. Ms. McGarry serves as the Manager of McGarry Strategic Enterprises, LLC and exercises voting and investment control over the securities held by that entity.