SEC Form 4 · accession 0001546184-16-000033

CIFC LLC · CIFC

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — Co-President

Period of report

Jun 30, 2016

Accepted (ET)

Jul 5, 2016 · 11:06 am EDT

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0001649709

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I	Nature of ownership
Common Shares^F1	Jun 30, 2016	M	6,000	$0.00	A	713,614	D
Common Shares	holding	—	—		—	82,676	I	Held in Deutsche Bank Group International Pension Plan

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Restricted Share Units^F2,F3	—	Jun 30, 2016	M	6,000	D	Mar 31, 2016	Mar 31, 2016	Common Shares	6,000	252,000	D

F1Restricted Share Units granted on June 13, 2014 were previously reported on Table II as derivative securities. The balance of that grant, 252,000 Restricted Share Units, is now included in Table I, Column 5.
F2Each Restricted Share Unit represents a contingent right to receive one Common Share of the Issuer.
F3The Restricted Share Units vest in five equal tranches and installments as follows: (i) 60,000 vest at a rate of 20% on December 31, 2014 and in 16 equal quarterly installments thereafter; (ii) 60,000 vest at a rate of 20% on December 31, 2015 and in 16 equal quarterly installments thereafter; (iii) 60,000 vest at a rate of 20% on December 31, 2016 and in 16 equal quarterly installments thereafter; (iv) 60,000 vest at a rate of 20% on December 31, 2017 and in 16 equal quarterly installments thereafter; and (v) 60,000 vest at a rate of 20% on December 31, 2018 and in 16 equal quarterly installments thereafter. The Restricted Share Units are subject to adjustment, acceleration and forfeit as more fully described in the Restricted Share Unit Award Agreement, dated June 13, 2014, between the Issuer and the Reporting Person.