POTTS THOMAS H 4
4 · DYNEX CAPITAL INC · Filed Jan 27, 2004
Insider Transaction Report
Form 4
POTTS THOMAS H
Director
Transactions
- Purchase
Common Stock
2004-01-23$7.35/sh+5,000$36,750→ 16,300 total(indirect: By IRA) - Purchase
Common Stock
2004-01-26$7.40/sh+3,056$22,614→ 19,356 total(indirect: By IRA)
Holdings
- 306,959
Common Stock
Footnotes (2)
- [F1]The reporting person, who is the former President of the Issuer, has been in the process of transferring his Issuer 401(k) plan into his IRA administered by a different financial institution. In connection with this transfer, the Issuer's 401(k) plan was required to sell the securities held in his 401(k) plan account (which included 19,536 shares of the Issuer's common stock). Such sale took place on December 30, 2003. The financial institution that administers the reporting person's IRA has now completed purchasing 19,536 shares of the Issuer's common stock in order to return the reporting person's ownership to its prior level.
- [F2]Of this amount, 9,077 shares are indirect beneficial ownership held by the reporting person's family members.