SEC Form 4 · accession 0001179110-19-003740

ANWORTH MORTGAGE ASSET CORP · ANH

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

Reporting owner

Joseph E McAdams

Officer — CEO & President · Director

Period of report

Mar 8, 2019

Accepted (ET)

Mar 12, 2019 · 4:20 pm EDT

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0001047884

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I	Nature of ownership
Common Stock	holding	—	—		—	262,096	D
Common Stock^F1	holding	—	—		—	33,700	I	McAdams Foundation

Table II — derivative securities

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Series B Cumulative Convertible Preferred Stock^{F5,F1,F2,F3,F4}	$10.50	Mar 8, 2019	P	3,500	A	—	—	Common Stock	18,406	3,500	I
Series B Cumulative Convertible Preferred Stock^{F6,F1,F2,F3,F4}	$10.50	Mar 11, 2019	P	3,200	A	—	—	Common Stock	16,828	6,700	I

Explanation of responses

F1Shares held by the McAdams Foundation. of which Mr. McAdams is a director.
F2The Series B Cumulative Convertible Preferred Stock is convertible into shares of Anworth Mortgage Asset Corporation common stock initially at a conversion price of $10.50, subject to adjustment upon the occurrence of certain events specified in the Articles Supplementary for Series B Cumulative Convertible Preferred Stock, a copy of which was filed as an exhibit to a Current Report on Form 8-K with the U.S. Securities and Exchange Commission on January 30, 2007.
F3Immediately exercisable.
F4The Series B Cumulative Convertible Preferred Stock has no expiration date.
F5This price reported in Column 8 is the weighted average price of the 3,500 shares purchased by the McAdams Foundation on March 8, 2019 in multiple transactions in the open market at prices ranging from $23.41 to $23.45, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the U.S. Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the price range set forth in this footnote (5) to this Form 4.
F6This price reported in Column 8 is the weighted average price of the 3,200 shares purchased by the McAdams Foundation on March 11, 2019 in multiple transactions in the open market at prices ranging from $22.88 to $23.61, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the U.S. Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the price range set forth in this footnote (6) to this Form 4.