SEC Form 4 · accession 0001179110-15-009168
IMPAC MORTGAGE HOLDINGS INC · IMH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Todd R. Taylor
Officer — Chief Financial Officer
Period of report
Jun 2, 2015
Accepted (ET)
Jun 4, 2015 · 4:56 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 | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Jun 2, 2015 | M | 20,000 | $2.73 | A | 25,000 | D | |
| Common StockF1 | Jun 2, 2015 | S | 22,500 | $17.29 | D | 2,500 | D | |
| Common StockF2 | Jun 3, 2015 | S | 2,500 | $19.35 | D | 0 | D | |
| Common Stock | holding | — | — | — | 358 | I | 401K |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non Qualified Stock Option (right to buy)F3 | $2.73 | Jun 2, 2015 | M | 20,000 | A | Dec 3, 2011 | Dec 3, 2020 | Common Stock | 20,000 | 0 | D |
| Incentive Stock Option (right to buy)F3 | $0.53 | holding | — | — | — | Jun 9, 2010 | Jun 9, 2019 | Common Stock | 10,000 | 10,000 | D |
| Non Qualified Stock option (right to buy)F3 | $13.81 | holding | — | — | — | Nov 27, 2013 | Nov 27, 2022 | Common Stock | 24,000 | 24,000 | D |
| Non Qualified Stock option (right to buy)F4 | $10.65 | holding | — | — | — | Jul 23, 2014 | Jul 23, 2023 | Common Stock | 22,000 | 22,000 | D |
| Non Qualified Stock option (right to buy)F5 | $5.39 | holding | — | — | — | Jul 22, 2015 | Jul 22, 2024 | Common Stock | 29,000 | 29,000 | D |
Explanation of responses
- F1The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $17.28 to $17.81. The reporting person undertakes to provide to Impac Mortgage Holdings, Inc., any security holder of Impac, or staff of the Securities and Exchange Commission, upon receipt, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (1) of this form 4.
- F2The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $19.24 to $19.54. The reporting person undertakes to provide to Impac Mortgage Holdings, Inc., any security holder of Impac, or staff of the Securities and Exchange Commission, upon receipt, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (2) of this form 4.
- F3These options are fully vested.
- F4The awards vest annually in 1/3 increments beginning on July 23, 2014.
- F5The awards vest annually in 1/3 increments beginning on July 22, 2015.