JAMES J. BENDER - 19 May 2022 Form 4 Insider Report for TWO HARBORS INVESTMENT CORP. (TWO)

Role: Director
Signature: /s/ James J. Bender, By: Rebecca B. Sandberg, Attorney-in-Fact
Issuer symbol: TWO
Transactions as of: 19 May 2022
Transactions value $: -$30,750
Form type: 4
Filing time: 20 May 2022, 16:16:18 UTC
Previous filing: 19 May 2022
Next filing: 19 Oct 2022
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	Sale	-$30,750	-6,153	-7.52%	$5	75,687	19 May 2022	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The Reporting Person elected to sell shares to satisfy income tax liabilities incurred in connection with the vesting of a restricted stock unit award on May 18, 2022, as authorized by the Board of Directors of Two Harbors Investment Corp.
F2	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $4.97 to $5.03, inclusive. The reporting person undertakes to provide to Two Harbors Investment Corp., any security holder of Two Harbors Investment Corp., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.

Content

The Reporting Person elected to sell shares to satisfy income tax liabilities incurred in connection with the vesting of a restricted stock unit award on May 18, 2022, as authorized by the Board of Directors of Two Harbors Investment Corp.

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $4.97 to $5.03, inclusive. The reporting person undertakes to provide to Two Harbors Investment Corp., any security holder of Two Harbors Investment Corp., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.