SEC Form 4 · accession 0001346979-18-000001
IMH Financial Corp · [NONE]
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Lawrence D Bain
Officer — CEO · Director
Period of report
Aug 17, 2018
Accepted (ET)
Oct 26, 2018 · 3:19 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001397403
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $0.01 per shareF1 | Aug 17, 2018 | A | 118,157 | $0.00 | A | 993,118 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On August 17, 2018, the reporting person entered into a Restricted Stock Award Agreement, pursuant to the First Amended and Restated 2010 IMH Financial Corporation Employee Stock Incentive Plan, under which he was granted 118,157 shares of restricted common stock, 39,386 of which vest on January 1, 2019, 39,386 of which vest on January 1, 2020, the final 39,385 of which vest on January 1, 2021, and for which the reporting person has full voting rights. No commission or other remuneration was paid or received by the issuer in connection with this issuance.