X0306 4 2012-12-20 0 0001275477 BIMINI CAPITAL MANAGEMENT, INC. BMNM 0001307141 Dwyer Robert J C/O BIMINI CAPITAL MANAGEMENT, INC. 3305 FLAMINGO DRIVE VERO BEACH FL 32963 1 0 0 0 Class A Common Stock 2012-12-18 4 P 0 248174 0.11 A 1040457 D These shares were issued in consideration for service on the Issuer's Board of Directors at a price of $0.11 per share, which represents the closing price of the stock on December 17, 2012. /s/ Robert J. Dwyer 2012-12-21