SEC Form 4 · accession 0001179110-15-013444
IMPAC MORTGAGE HOLDINGS INC · IMH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James Walsh
Director
Period of report
Sep 25, 2015
Accepted (ET)
Sep 29, 2015 · 6:45 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 StockF1 | Sep 25, 2015 | M | 4,000 | $2.73 | A | 38,597 | D | |
| Common StockF1 | Sep 25, 2015 | S | 5,000 | $17.45 | D | 33,597 | D | |
| Common Stock | holding | — | — | — | 30 | I | by Daughter |
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 OptionF2 | $2.73 | Sep 25, 2015 | M | 4,000 | D | Dec 3, 2011 | Dec 3, 2020 | Common Stock | 4,000 | 0 | D |
Explanation of responses
- F1Includes 28,250 shares of common stock underlying Deferred Stock Units (DSUs), of which 20,750 are vested. The DSUs were granted under the Non-Employee Director Deferred Stock Unit Award Program so that each DSU represents a contingent right to receive one share of common stock. The shares are distributed only upon termination of the Reporting Person's services as a director of the Issuer.
- F2These options are fully vested.