0001275477-18-000057.txt : 20180410
0001275477-18-000057.hdr.sgml : 20180410
20180410162546
ACCESSION NUMBER: 0001275477-18-000057
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20180406
FILED AS OF DATE: 20180410
DATE AS OF CHANGE: 20180410
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Haas G Hunter IV
CENTRAL INDEX KEY: 0001432283
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-35236
FILM NUMBER: 18748277
MAIL ADDRESS:
STREET 1: C/O BIMINI CAPITAL MANAGEMENT, INC.
STREET 2: 3305 FLAMINGO DRIVE
CITY: VERO BEACH
STATE: FL
ZIP: 32963
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Orchid Island Capital, Inc.
CENTRAL INDEX KEY: 0001518621
STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798]
IRS NUMBER: 273269228
STATE OF INCORPORATION: MD
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 3305 FLAMINGO DRIVE
CITY: VERO BEACH
STATE: FL
ZIP: 32963
BUSINESS PHONE: 772-23-1400
MAIL ADDRESS:
STREET 1: 3305 FLAMINGO DRIVE
CITY: VERO BEACH
STATE: FL
ZIP: 32963
4
1
form4.xml
X0306
4
2018-04-06
0001518621
Orchid Island Capital, Inc.
ORC
0001432283
Haas G Hunter IV
C/O BIMINI CAPITAL MANAGEMENT, INC.
3305 FLAMINGO DRIVE
VERO BEACH
FL
32963
true
true
CFO, CIO and Secretary
Common Stock
2018-04-06
4
A
0
9389
7.45
A
59064
D
Common Stock
2018-04-06
4
F
0
2918
7.45
D
56146
D
Performance Units
2018-04-06
4
A
0
9389.8
7.45
A
2019-03-31
2021-06-30
Common Stock
9389.8
23870.69
D
Shares of the Company's common stock issued under the 2012 Long Term Incentive Compensation Plan and the 2017 Long-Term Equity Incentive Compensation Plan. The price is based on the market closing price on April 5, 2018.
The Reporting Person disposed of these shares of the Company's common stock to the Issuer to satisfy the Reporting Person's tax withholding obligations in connection with the grant of shares that occurred on April 6, 2018.
Performance units issued under the 2012 Long Term Incentive Compensation Plan and the 2017 Long-Term Equity Incentive Compensation Plan. The price is based on the market closing price on April 5, 2018. The performance units are earned at the rate of 10% per quarter commencing with the quarter ending March 31, 2019 and concluding with the quarter ending June 30, 2021.
Each performance unit shall be settled by the issuance of one share of the Company's common stock, at which time the performance unit shall be cancelled. Each performance unit is subject to adjustment as set forth in a performance unit award agreement by and between the Issuer and the Reporting Person.
/s/ G. Hunter Haas, IV
2018-04-09