AI assistant
Ellington Financial Inc. — Director's Dealing 2011
Sep 19, 2011
32031_dirs_2011-09-19_9838183e-c724-4347-8092-186469ccd117.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Ellington Financial LLC (EFC)
CIK: 0001411342
Period of Report: 2011-09-15
Reporting Person: SIMON RONALD I (Director)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2011-09-15 | LTIP Units | $ | A | 1250 | Acquired | Common shares representing ltd liability company interests (1250) | Direct |
Footnotes
F1: Represents a separate non-voting class of limited liability company interests ("LTIP Units") of Ellington Financial LLC (the "Company"), which are structured as profits interests. The LTIP Units were issued pursuant to, and are subject to the terms and conditions of, the Issuer's 2007 Incentive Plan for Individuals.
F2: The 1,250 LTIP Units remain forfeitable, subject to the reporting person's continued service as a member of the board of directors of the Company, until September 14, 2012. Once vested, the LTIP Units may be converted at the election of the holder, into common shares representing limited liability interests of the Company on a one-for-one basis.