SEC Form 4 · accession 0001209191-17-015907

ANWORTH MORTGAGE ASSET CORP · ANH

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

Reporting owner

Officer — President · Director

Period of report

Feb 27, 2017

Accepted (ET)

Mar 1, 2017 · 4:39 pm EST

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^F1	Feb 27, 2017	J	27,412	—	D	262,096	D
Common Stock^F2	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^F3,F4	—	holding	—	—	—	—	—	Common Stock	38,710	38,710	D

F1Pursuant to action by the Compensation Committee of the Board of Directors of the Issuer on February 27, 2017, such shares have been forfeited by the reporting person, effective as of January 3, 2017, because they are no longer able to be vested.
F2Shares held by the McAdams Foundation, of which Mr. McAdams is a director.
F31-for-1.
F4The Restricted Stock Units are not vested at the Grant Date. 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. 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.