SEC Form 4 · accession 0001649709-16-000001
CIFC Corp. · CIFC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Rahul N Agarwal
Officer — Chief Financial Officer
Period of report
Dec 31, 2015
Accepted (ET)
Jan 5, 2016 · 7:04 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 | 16,181 | $0.00 | A | 27,431 | D | |
| Common Stock | Dec 31, 2015 | F | 6,840 | $5.58 | D | 20,591 | 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,F2 | — | Dec 31, 2015 | M | 16,181 | D | — | — | Common Stock | 16,181 | 32,363 | D |
Explanation of responses
- F1Each Restricted Stock Unit represents a contingent right to receive one share of Common Stock of the Issuer.
- F21/3 of the Restricted Stock Units vested on December 31, 2015 and 1/12 of the Restricted Stock Units will vest on each of the next eight quarterly anniversaries, with the first quarterly installment vesting on the date that is 3 months from December 31, 2015. The Restricted Stock Units are subject to adjustment, acceleration and forfeit as more fully described in the Restricted Stock Unit Award Agreement, effective as of December 30, 2014, between the Issuer and the Reporting Person.