SEC Form 4 · accession 0001209191-16-137244

ANWORTH MORTGAGE ASSET CORP · ANH

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

Reporting owner

Officer — CEO · Director

Period of report

Aug 1, 2016

Accepted (ET)

Aug 16, 2016 · 4:50 pm EDT

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0001047884

Table I — non-derivative securities

Security	Date	Code	Shares	A/D	Owned after	D/I	Nature of ownership
Common Stock^F1	holding	—	—	—	1,295,410	D
Common Stock^F2	holding	—	—	—	41,500	I	By spouse
Common Stock^F3	holding	—	—	—	33,700	I	McAdams Foundation

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Restricted Stock Unit^F4,F5	—	Aug 1, 2016	A	96,169	A	—	—	Common Stock	91,169	91,169	D

F1Mr. McAdams is married to Heather U. Baines. Mr. McAdams owns 62,500 shares individually. The balance of these shared are owned as community property with Ms. Baines.
F2Ms. Baines owns 41,500 shares in which Mr. McAdams has no beneficial interests.
F3Shares held by the McAdams Foundation, of which Mr. McAdams is a director.
F41-for-1.
F5The Restricted Stock Units are not vested at the grant date. During the period commencing on the grant date and ending on the last day of the calendar month after the three (3) year anniversary of the grant date, the Restricted Stock Units shall vest immediately upon the Grantee's involuntary termination of service for any reason other than for Cause. During the period commencing on the day immediately following the three (3) year anniversary of the grant date and ending on the ten (10) year anniversary of the grant date, the Restricted Stock Units shall vest on the last day of any month when the total return to stockholders (meaning the aggregate of Common Stock price appreciation and dividends declared assuming full reinvestment of dividends) exceeds 10% per annum.