SEC Form 4 · accession 0001628280-17-012366
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
Dec 14, 2017
Accepted (ET)
Dec 15, 2017 · 1:58 pm EST
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 SharesF2 | Dec 14, 2017 | J | 8,933 | $0.00 | D | 1,035,559 | I | See Footnote |
| Common SharesF2 | Dec 14, 2017 | J | 11,480 | $0.00 | D | 1,024,079 | I | See Footnote |
| Common SharesF4 | holding | — | — | — | 1,578,537 | I | Trust | |
| Common SharesF5 | holding | — | — | — | 177,474 | I | In Trust |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On December 14, 2017, these common shares were transferred from the investment account of a partner in EMG Holdings, L.P. ("EMGH") at the direction of such partner to a third party. EMGH did not receive or pay any consideration in connection with the transfer of such common shares. Each of Michael W. Vranos and VC Investments LLC ("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.
- F2These common shares are owned directly by EMGH. VC is the general partner of EMGH. 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 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.
- F3On December 14, 2017, these common shares were transferred from EMGH to the personal account of a partner in EMGH. EMGH did not receive or pay any consideration in connection with the transfer of such 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.
- F4Common Shares are held in a grantor retained annuity trust for which Mr. Vranos acts as a trustee.
- F5Common Shares are held in family trusts for the benefit of certain EMGH partners (other than Mr. Vranos) for which Mr. Vranos acts as trustee.