SEC Form 4 · accession 0001628280-16-016280
Ellington Financial Inc. · EFC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owners
VC INVESTMENTS LLC
10% Owner
Michael W Vranos
Officer — Co-Chief Investment Officer · Director · 10% Owner
Period of report
Mar 7, 2016
Accepted (ET)
May 12, 2016 · 4:38 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001411342
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common SharesF1,F2 | Mar 7, 2016 | J | 8,601 | $0.00 | A | 978,613 | I | See Footnote |
| Common SharesF3 | holding | — | — | — | 1,578,537 | I | Trust | |
| Common SharesF4 | holding | — | — | — | 177,474 | I | In Trust |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Due to an administrative error, this transaction was not previously reported on Form 4.
- F2Of these 978,613 common shares, 944,550 common shares are owned directly by EMG Holdings, L.P. ("EMGH"), and 34,063 common shares are directly owned by Ellington Financial Management LLC ("EFM"). VC Investments LLC ("VC") is the general partner of EMGH and the managing member of EFM. Michael W. Vranos is the managing member of, and holds a controlling interest in, VC. Michael W. Vranos and VC together share the power to direct the voting and disposition of common shares held by EMGH and EFM, and may be regarded as the beneficial owners of the common shares. Each of Michael W. Vranos and VC disclaims beneficial ownership of any common shares owned beneficially or of record by each other except to the extent of its or his pecuniary interest therein.
- F3Common Shares are held in a grantor retained annuity trust for which Mr. Vranos acts as a trustee.
- F4Common Shares are held in family trusts for the benefit of EMGH partners (other than Mr. Vranos) for which Mr. Vranos acts as trustee.