SEC Form 4 · accession 0000899243-18-020662
Arlington Asset Investment Corp. · AI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard Ernst Konzmann
Officer — See Remarks
Period of report
Jul 24, 2018
Accepted (ET)
Jul 26, 2018 · 4:30 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001209028
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common StockF1,F2 | Jul 24, 2018 | A | 12,597 | $10.09 | A | 25,630 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents 12,597 restricted shares of Class A common stock granted on July 24, 2018 ("Restricted Stock"), upon the vesting of a portion of the Performance Share Units ("PSUs") awarded on July 24, 2017 pursuant to the Arlington Asset Investment Corp. 2014 Long-Term Incentive Plan. PSUs represent the right to receive shares of the Company's Class A common stock subject to the achievement of certain performance goals at the end of the applicable performance period. A portion of the PSUs awarded on July 24, 2017 were eligible for vesting at the end of the applicable performance period, at which time, any PSUs earned were to be settled by the grant of Restricted Stock on a one-for-one basis.
- F2The last reported sale price of the Company's Class A common stock on the New York Stock Exchange on the grant date.
Remarks
Executive Vice President, Chief Financial Officer and Treasurer