SEC Form 4 · accession 0001628280-18-003547
Ellington Financial Inc. · EFC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Laurence Penn
Officer — CEO and President · Director
Period of report
Sep 30, 2017
Accepted (ET)
Mar 26, 2018 · 10:22 am 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 Shares rep limited liability company interestsF1 | Sep 30, 2017 | J | 6,414 | $0.00 | A | 468,611 | I | See footnote |
| Common Shares rep limited liability company interests | holding | — | — | — | 16,675 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1In addition to the common shares that Mr. Penn holds directly, Mr. Penn is also a limited partner in EMG Holdings L.P. ("EMGH"), which holds certain common shares with respect to which Mr. Penn receives the economic benefit but does not have voting or dispositive power while held by EMGH. Historically, Mr. Penn has had the right to withdraw from EMGH some of those common shares, but not others. On September 30, 2017, by virtue of the terms of the limited partnership agreement of EMGH, Mr. Penn gained the right to withdraw from EMGH an additional 6,414 common shares, and as a result Mr. Penn may be deemed to have gained beneficial ownership of an additional 6,414 common shares as of such date. As the result of an administrative oversight, the change in status of these common shares was not previously reported on Form 4. Mr. Penn did not pay or receive any consideration in connection with the change in status of these common shares.