SEC Form 4 · accession 0001465740-19-000010
TWO HARBORS INVESTMENT CORP. · TWO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Brad Farrell
Officer — CFO and Treasurer
Period of report
Jan 28, 2019
Accepted (ET)
Jan 30, 2019 · 5:55 pm EST
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 | Jan 28, 2019 | S | 5,925 | $14.4386 | D | 265,087 | D | |
| Common stock, par value $0.01 per shareF2,F4 | Jan 29, 2019 | S | 8,741 | $14.4204 | D | 256,346 | D | |
| Common stock, par value $0.01 per shareF5,F6 | Jan 30, 2019 | S | 14,429 | $14.5381 | D | 241,917 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The transactions reported on this Form 4 were effected pursuant to trading instructions given by the reporting person on November 13, 2018 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 vestings that occurred on January 26, 2019, and January 27, 2019 of restricted stock awards previously granted to the reporting person.
- F3The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $14.40 to $14.48, inclusive. 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 the number of shares sold at each separate price within the ranges set forth in this footnote.
- F4The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $14.37 to $14.48, inclusive. 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 the number of shares sold at each separate price within the ranges set forth in this footnote.
- F5The reporting person sold the shares to satisfy income tax liabilities incurred as a result of a vesting that occurred on January 29, 2019 of a restricted stock award previously granted to the reporting person.
- F6The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $14.52 to $14.58, inclusive. 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 the number of shares sold at each separate price within the range set forth in this footnote.