IMH Financial Corp 4
4 · IMH Financial Corp · Filed Jan 26, 2017
Insider Transaction Report
Form 4
IMH Financial Corp[NONE]
Bain Lawrence D
DirectorPresident and CEO
Transactions
- Tax Payment
Common Stock, Par Value $0.01
2017-01-24$1.72/sh−196,278$337,598→ 703,722 total
Footnotes (1)
- [F1]The shares were redeemed by IMH Financial Corporation (the "Company"), upon the approval of the Compensation Committee of the Board of Directors of the Company, pursuant to an election made by Mr. Bain under Section 83(b) of the Internal Revenue Code of 1986 and the Restricted Stock Award Agreement entered into between Mr. Bain and the Company, dated June 1, 2015, pursuant to which the parties agreed to make arrangements for the satisfaction of tax withholding requirements associated with the stock award.