SEC Form 4 · accession 0000899243-15-002879

IMPAC MORTGAGE HOLDINGS INC · IMH

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

RHP Trust, dated May 31, 2011

10% Owner

Period of report

Aug 7, 2015

Accepted (ET)

Aug 11, 2015 · 6:48 pm EDT

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0001000298

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I
Common Stock	Aug 10, 2015	P	4,400	$16.06	A	1,230,727	D
Common Stock	Aug 10, 2015	P	100	$16.058	A	1,230,827	D
Common Stock	Aug 10, 2015	P	100	$16.058	A	1,230,927	D
Common Stock	Aug 10, 2015	P	200	$16.057	A	1,231,127	D
Common Stock	Aug 10, 2015	P	100	$16.05	A	1,231,227	D
Common Stock	Aug 10, 2015	P	100	$16.05	A	1,231,327	D
Common Stock	Aug 10, 2015	P	5,000	$16.10	A	1,236,327	D

Table II — derivative securities

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Convertible Promissory Note Due 2018^F1	$10.875	holding	—	—	—	Apr 30, 2013	Apr 30, 2018	Common Stock	524,138	5,700,000	D
Convertible Promissory Note Due 2020^F2	$21.50	holding	—	—	—	Jan 2, 2016	May 9, 2020	Common Stock	639,535	13,750,000	D

Explanation of responses

F1As previously reported on a Form 3 filed by Reporting Person on May 8, 2013, on April 30, 2013, Reporting Person purchased a Convertible Promissory Note Due 2018 in the original principal amount of $5,700,000 that is convertible by Reporting Person immediately upon receipt and, upon conversion of the original principal amount prior to maturity at the initial conversion price of $10.875 per share (subject to adjustment in the event of stock splits, stock dividends and reclassifications), Reporting Person will receive 524,138 shares of common stock (subject to adjustment in the event of stock splits, stock dividends and reclassifications). The Convertible Promissory Note Due 2018 is due and payable, to the extent not converted, on or before April 30, 2018.
F2As previously reported on a Form 4 filed by Reporting Person on May 11, 2015, on May 8, 2015, Reporting Person purchased a Convertible Promissory Note Due 2020 in the original principal amount of $13,750,000 that is convertible by Reporting Person at any time after January 1, 2016, and, upon conversion of the original principal amount prior to maturity at the initial conversion price of $21.50 per share (subject to adjustment in the event of stock splits, stock dividends and reclassifications), Reporting Person will receive 639,535 shares of common stock (subject to adjustment in the event of stock splits, stock dividends and reclassifications). The Convertible Promissory Note Due 2020 is due and payable, to the extent not converted, on or before May 9, 2020.

Remarks

This Form 4 is being filed in two parts; this is the second of two parts.