Keen Matthew's Form 4/A amendment
AmendedTwo Harbors Investment Corp. (TWOD) · filed Jan 17, 2024
- Accession no.
- 0001465740-24-000022
- Filed
- Jan 17, 2024
- Trade date
- Jan 8-9, 2024
- Filing delay
- 9 days
- Rule 10b5-1 plan
- Checked
- Original filed
- Jan 10, 2024
This filing lists 3 non-derivative transactions. Open-market sales total $16.1K. It was filed 9 days after the trade.
This amendment replaces 0001465740-24-000012 (filed Jan 10, 2024).
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Keen MatthewCIK 0001917084 | Officer (Chief Technology Officer) |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Jan 8, 2024 | Common stock, par value $0.01 per share | AGrant or awardAcquired | +7,939 | $0.00 | $0 | 32,401 | Direct | |
| Jan 8, 2024 | Common stock, par value $0.01 per share | AGrant or awardAcquired | +2,295 | $0.00 | $0 | 34,696 | Direct | |
| Jan 9, 2024 | Common stock, par value $0.01 per share | SSaleDisposed | −1,147 | $14.05 | −$16,115.35 | 33,549 | Direct |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F1
Represents restricted stock units ("RSUs") granted to the reporting person under the Two Harbors Investment Corp. 2021 Equity Incentive Plan ("The Plan"). The awards were received as a grant for no consideration. The common stock underlying the RSUs will vest, subject to certain limitations, in equal installments on January 8, 2025, 2026 and 2027.
- F2
This Form 4 amendment is being filed to correct the number of RSUs granted to the reported person on January 8, 2024. The original Form 4 filed on January 10, 2024 incorrectly reported a grant of 8,645 RSUs, instead of 7,939.
- F3
Represents shares of common stock received by the reporting person in connection with the vesting of performance share units ("PSUs") previously granted to the reporting person under the Plan.
- F4
The reporting person sold shares to satisfy income tax liabilities incurred as a result of the vesting of the PSUs. The sale reported on this Form 4 was effected pursuant to trading instructions given by the reporting person on May 10, 2023 in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934.