Key facts
- This page summarizes M. Christian Mitchell's Form 4 filing for Western Asset Mortgage Capital Corp.
- 1 reported transaction and 0 derivative rows are listed below.
- Accepted by SEC: 08 Dec 2023, 16:57.
M. Christian Mitchell - 06 Dec 2023 Form 4 Insider Report for Western Asset Mortgage Capital Corp
- Reporting relationship
- Director
- Issuer ticker
- N/A
- Reported as of
- 06 Dec 2023
- Net transaction value
- $0
- SEC form
- 4
- Accepted by SEC
- 08 Dec 2023, 16:57:46 UTC
- Prior SEC filing
- 27 Jun 2023
- Next SEC filing
- 04 Jan 2024
- Source filing
- View source filing
- Reporting owner signature
- /s/ Adam C. E. Wright, by Power of Attorney
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
M. Christian Mitchell filed Form 4 for Western Asset Mortgage Capital Corp on 08 Dec 2023.
Change
- Previous filing in this sequence was filed on 27 Jun 2023.
- Current net transaction value: $0.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
WMC
transaction
Common Stock, par value $0.01 per share
Disposed to Issuer
- Transaction value
- Shares
- -28,943
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 06 Dec 2023
- Ownership
- Direct
- Footnotes
- F1, F2, F3
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Section 16 status
M. Christian Mitchell is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.
Explanation of responses 3 footnotes
Footnote F1
On December 6, 2023, AG Mortgage Investment Trust, Inc. ("MITT") acquired Western Asset Mortgage Capital Corporation (the "Issuer") pursuant to an Agreement and Plan of Merger, dated as of August 8, 2023, entered into by and among the Issuer, MITT, AGMIT Merger Sub, LLC, a wholly owned subsidiary of MITT ("Merger Sub"), and solely for the limited purposes set forth in the Merger Agreement, AG REIT Management, LLC ("MITT Manager") (the "Merger Agreement"). In accordance with the Merger Agreement, Merger Sub merged with and into the Issuer, with Merger Sub surviving such merger as a subsidiary of MITT (the "Merger").
Footnote F2
Includes 28,783 restricted stock units ("RSUs"). Reflects adjusted amounts related to a reconciliation of the Issuer's records.
Footnote F3
At the effective time of the Merger (the "Effective Time"), each outstanding share of the Issuer common stock (other than certain excluded shares) automatically converted into the right to receive 1.498 validly issued, fully-paid and nonassessable shares of MITT common stock, and $0.92 in cash from MITT Manager, subject to any applicable withholding taxes (collectively, the "Merger Consideration"). Each unvested RSU held by the Reporting Person was equitably adjusted effective as of the Effective Time into restricted share unit awards relating to shares of MITT common stock that have the same value, vesting terms and other terms and conditions as applied to the corresponding RSU immediately prior to the Effective Time.