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