Spencer Abraham - 19 May 2021 Form 4 Insider Report for TWO HARBORS INVESTMENT CORP. (TWO)

Role
Director
Signature
/s/ Spencer Abraham, By: Rebecca B. Sandberg, Attorney in Fact
Issuer symbol
TWO
Transactions as of
19 May 2021
Net transactions value
$0
Form type
4
Filing time
20 May 2021, 17:09:51 UTC
Previous filing
19 May 2021
Next filing
24 May 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TWO Common stock, par value $0.01 per share Award $0 +15,384 +31% $0.000000 64,514 19 May 2021 Direct F1
transaction TWO Common stock, par value $0.01 per share Award $0 +6,993 +11% $0.000000 71,507 19 May 2021 Direct F2
transaction TWO Common stock, par value $0.01 per share Tax liability $0 -2,097 -2.9% $0.000000 69,410 19 May 2021 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents restricted stock units ("RSUs") granted to the Reporting Person under the Two Harbors Investment Corp. 2021 Equity Incentive Plan for service as a director. The awards were received as a grant for no consideration. The common stock underlying the RSUs will vest, subject to certain limitations, on the date of the 2022 annual meeting of the stockholders of Two Harbors Investment Corp.
F2 Represents a common stock award granted to the Reporting Person issued under the Two Harbors Investment Corp. 2021 Equity Incentive Plan for service as a member of a special committee of the Board of Directors.
F3 The Reporting Person elected to forfeit shares to satisfy income tax liabilities incurred in connection with the May 19, 2021 common stock award, as approved by the Board of Directors of Two Harbors Investment Corp.