Yarlagadda Choudhary 4
4 · CHIMERA INVESTMENT CORP · Filed Feb 20, 2019
Insider Transaction Report
Form 4
Yarlagadda Choudhary
Chief Operating Officer
Transactions
- Award
Common Stock
2019-02-16+107,274→ 413,642 total - Award
Common Stock
2019-02-16+56,819→ 306,368 total - Tax Payment
Common Stock
2019-02-16$18.52/sh−5,743$106,360→ 407,899 total
Holdings
- 317,446(indirect: By Spouse)
Common Stock
Footnotes (7)
- [F1]Represents shares of Chimera common stock underlying restricted stock units ("RSUs"). The RSUs are scheduled to vest one-third per year on the first, second and third anniversaries of the grant date and shall be settled 100% in shares of Chimera common stock. The reporting person does not intend to report the vesting of the RSUs nor the delivery of the shares of common stock.
- [F2]The reporting person elected to defer share settlement until separation of service (such deferred share units are herein referred to as "DSUs").
- [F3]Each RSU has the economic equivalent of one share of Chimera common stock.
- [F4]Dividend equivalent rights ("DERs") issued on RSUs and DSUs are included in the reporting person's common stock holding balance. Each DER is the economic equivalent of one share of Chimera common stock.
- [F5]Represents shares of Chimera common stock underlying performance share units ("PSUs"), and accrued DERs, that vested on February 16, 2019.
- [F6]Shares reported were withheld for payment of taxes associated with the vesting of prior grants of RSUs and PSUs.
- [F7]The reporting person disclaims beneficial ownership of these shares and this report shall not be deemed an admission that the reporting person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.