WILLIAM GREENBERG - 13 Jan 2023 Form 4 Insider Report for TWO HARBORS INVESTMENT CORP. (TWO)

Role
President and CEO, Director
Signature
/s/ William Greenberg
Issuer symbol
TWO
Transactions as of
13 Jan 2023
Transactions value $
$0
Form type
4
Filing time
18 Jan 2023, 15:33:36 UTC
Previous filing
23 May 2022
Next filing
01 Feb 2023
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 +57,981 +44% $0.000000 189,730 13 Jan 2023 Direct F1, F2
holding TWO Common stock, par value $0.01 per share 3,025 13 Jan 2023 By Spouse F2, 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. 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 13, 2024, 2025 and 2026.
F2 On November 1, 2022, the Issuer effected a one-for-four reverse stock split of its outstanding shares of common stock. The amount of securities beneficially owned reported on this Form 4 has been adjusted to reflect the reverse stock split.
F3 Includes 3,025 shares held by the Reporting Person's spouse. While the Reporting Person retains a pecuniary interest in these shares, he does not have dispositive or voting power with respect thereto and he disclaims any beneficial ownership interest therein.