SEC Form 4 · accession 0001465740-16-000154
TWO HARBORS INVESTMENT CORP. · TWO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Rebecca B Sandberg
Officer — General Counsel and Secretary
Period of report
May 16, 2016
Accepted (ET)
May 17, 2016 · 4:47 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001465740
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 shareF2,F3 | May 16, 2016 | S | 6,427 | $8.4401 | D | 150,463 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The transaction reported on this Form 4 was effected pursuant to trading instructions given by the reporting person on May 18, 2015 in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934.
- F2The reporting person sold the shares to satisfy income tax liabilities incurred as a result of the vesting on May 14, 2016 of a restricted stock award previously granted to the reporting person.
- F3The shares were sold in multiple transactions all at a price of $8.4401. The reporting person undertakes to provide to Two Harbors Investment Corp., any security holder of Two Harbors Investment Corp., or the staff of the Securities and Exchange Commission, upon request, full information regarding such transactions