SEC Form 4 · accession 0001209191-19-018358
CAPSTEAD MORTGAGE CORP · CMO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Roy Kim
Officer — Senior Vice President
Period of report
Mar 8, 2019
Accepted (ET)
Mar 11, 2019 · 2:42 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000766701
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Mar 8, 2019 | M | 8,928 | — | A | 122,547 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1 | — | Mar 8, 2019 | M | 44,420 | D | — | — | Common Stock | 44,420 | 124,480 | D |
Explanation of responses
- F1On February 1, 2016, the reporting person was granted 44,420 performance units (the "Units") which are convertible into common stock of the Issuer after the conclusion of the performance period beginning January 1, 2016 and ending December 31, 2018, with the conversion factor determined formulaically based on individual achievement of stated performance metrics outlined in the Issuer's 2016 Long-Term Award criteria, and the conversion date determined by the Issuer's Compensation Committee. As a result, 8,928 Units were converted into the Issuer's common stock on March 8, 2019, and 35,492 Units expired without converting into any common stock.