SEC Form 4 · accession 0001104659-15-048783
CIFC Corp. · CIFC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Daniel Schrupp
Director
Period of report
Jun 26, 2015
Accepted (ET)
Jun 30, 2015 · 12:13 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001313918
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jun 26, 2015 | M | 3,441 | $0.00 | A | 6,552 | D | |
| Common Stock | Jun 26, 2015 | J | 91 | $0.00 | A | 6,643 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF3,F4 | — | Jun 26, 2015 | M | 3,441 | D | — | — | Common Stock | 3,441 | 0 | D |
Explanation of responses
- F1Represents the vesting of 3,441 Restricted Stock Units awarded to the Reporting Person on December 31, 2014 as part of the stock-based portion of his fee for service as a Director.
- F2Represents an adjustment for dividends to the 3,441 Restricted Stock Units awarded to the Reporting Person on December 31, 2014 as part of the stock-based portion of his fee for service as a Director, as provided in the Reporting Person's Restricted Stock Unit Award Agreement.
- F3Each Restricted Stock Unit represents a contingent right to receive one share of Common Stock of the Issuer.
- F4The Restricted Stock Units were awarded to the Reporting Person by the Issuer on December 31, 2014 as part of the stock-based portion of his fee for service as a Director, pursuant to a Restricted Stock Unit Award Agreement between the Issuer and the Reporting Person, which was approved by the Board of Directors. The Restricted Stock Units vested and settled on June 26, 2015, as reflected in Table I and footnote 1, above.