SEC Form 4 · accession 0001275477-18-000137
Orchid Island Capital, Inc. · ORC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ava L Parker
Director
Period of report
Oct 1, 2018
Accepted (ET)
Oct 2, 2018 · 4:58 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001518621
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Deferred Stock UnitsF2,F1,F3 | — | Aug 10, 2018 | A | 16 | A | — | — | Common Stock | 16 | 1,512 | D |
| Deferred Stock UnitsF2,F1,F3 | — | Sep 10, 2018 | A | 15 | A | — | — | Common Stock | 15 | 1,527 | D |
| Deferred Stock UnitsF1,F3 | — | Oct 1, 2018 | A | 1,551 | A | — | — | Common Stock | 1,551 | 3,078 | D |
Explanation of responses
- F1Each deferred stock unit represents a right to receive one share of the Issuer's common stock.
- F2Deferred stock units issued in lieu of the issuer's monthly dividend pursuant to the reporting person's election.
- F3The deferred stock units are 100% vested but do not become payable until the reporting person's separation from service as a director of the Issuer.