SEC Form 4 · accession 0001275477-19-000013
Orchid Island Capital, Inc. · ORC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Frank P Filipps
Director
Period of report
Jan 3, 2019
Accepted (ET)
Jan 7, 2019 · 4:45 pm EST
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 UnitsF1,F2 | — | Jan 3, 2019 | A | 1,760 | A | — | — | Common Stock | 1,760 | 4,807 | D |
Explanation of responses
- F1Each deferred stock unit represents a right to receive one share of the Issuer's common stock.
- F2The 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.