SEC Form 4 · accession 0001559651-16-000002
CIFC Corp. · CIFC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Julian Weldon
Officer — GC, CCO and Secretary
Period of report
Dec 31, 2015
Accepted (ET)
Jan 5, 2016 · 7:00 pm EST
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 Stock | Dec 31, 2015 | M | 13,333 | $0.00 | A | 13,333 | 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 UnitsF1 | $0.00 | Dec 31, 2015 | M | 13,333 | D | — | — | Common Stock | 13,333 | 26,667 | D |
Explanation of responses
- F1Reflects Restricted Stock Units received by the Reporting Person on March 30, 2015, approximately 33% of which vested on December 31, 2015, and approximately 8.3% of which will vest on the last day of each of the subsequent eight fiscal quarters. The Restricted Stock Units are subject to adjustment, acceleration and forfeit as more fully described in the Restricted Stock Unit Award Agreement, dated March 30, 2015, between the Issuer and the Reporting Person.