SEC Form 4 · accession 0001179110-19-002832
IMPAC MORTGAGE HOLDINGS INC · IMH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
George A. Mangiaracina
Officer — Chairman, Chief Exec. & Dir. · Director
Period of report
Feb 26, 2019
Accepted (ET)
Feb 28, 2019 · 7:44 pm EST
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 | Feb 26, 2019 | A | 50,000 | $0.00 | A | 50,000 | D |
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)F5 | $3.75 | Feb 26, 2019 | A | 200,000 | A | Feb 26, 2020 | Feb 26, 2029 | Common Stock | 200,000 | 200,000 | D |
| Non-Qualified Stock Option (right to buy)F2 | $10.00 | holding | — | — | — | Feb 25, 2016 | Feb 25, 2025 | Common Stock | 35,000 | 35,000 | D |
| Non-Qualified Stock Option (right to buy)F2 | $20.50 | holding | — | — | — | Jul 21, 2016 | Jul 21, 2025 | Common Stock | 25,000 | 25,000 | D |
| Non-Qualified Stock Option (right to buy)F3 | $17.40 | holding | — | — | — | Jul 19, 2017 | Jul 19, 2026 | Common Stock | 25,000 | 25,000 | D |
| Non-Qualified Stock Option (right to buyF4 | $13.72 | holding | — | — | — | Aug 30, 2018 | Aug 30, 2027 | Common Stock | 24,000 | 24,000 | D |
Explanation of responses
- F1Represents 50,000 shares of common stock underlying Restricted Stock Units (RSUs) granted under the 2010 Omnibus Plan so that each RSU represents a contingent right to receive one share of common stock. The RSUs vest 1/3 a year for 3 years beginning on February 26, 2020.
- F2These options are fully vested.
- F3The awards vest annually in 1/3 increments beginning on July 19, 2017.
- F4The awards vest annually in 1/3 increments beginning on August 30, 2018.
- F5The awards vest annually in 1/3 increments beginning on February 26, 2020.