Patsy Joseph Augustine - 19 Oct 2021 Form 4 Insider Report for CAPSTEAD MORTGAGE CORP (CMO)

Role
Director
Signature
/s/ Lindsey Crabbe for Patsy J. Augustine
Issuer symbol
CMO
Transactions as of
19 Oct 2021
Net transactions value
$0
Form type
4
Filing time
21 Oct 2021, 18:11:23 UTC
Previous filing
30 Jul 2021
Next filing
22 Feb 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CMO Common Stock Disposed to Issuer -15,970 -100% 0 19 Oct 2021 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Patsy Joseph Augustine is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 On October 19, 2021, pursuant to that certain Agreement and Plan of Merger, dated as of July 25, 2021, and as amended by that certain First Amendment to Agreement and Plan of Merger, dated as of September 22, 2021 (as amended, the "Merger Agreement"), by and among Franklin BSP Realty Trust, Inc. ("FBRT"), Rodeo Sub I, LLC, a wholly owned subsidiary of FBRT ("Merger Sub"), the Issuer and Benefit Street Partners L.L.C., FBRT's external manager ("BSP"), the Issuer merged with and into Merger Sub with Merger Sub surviving as the continuing company (the "Merger"). Upon consummation of the Merger, each share of common stock of the Issuer was converted into the right to receive (i) from FBRT, 0.3288 newly-issued shares of common stock, par value $0.01 per share, of FBRT, (ii) from FBRT, $0.21 in cash and (iii) from BSP, $0.73 in cash.