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Ellington Financial Inc. — Director's Dealing 2011
Aug 15, 2011
32031_dirs_2011-08-15_16076021-9142-4da6-844f-09e4ff169c77.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Ellington Financial LLC (EFC)
CIK: 0001411342
Period of Report: 2011-08-11
Reporting Person: Vranos Michael W (Director, Co-Chief Investment Officer, 10% Owner)
Reporting Person: EMG Holdings, L.P. (10% Owner)
Reporting Person: VC INVESTMENTS LLC (10% Owner)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2011-08-11 | Common shares | J | 109000 | — | Disposed | 1228920 | Direct |
| 2011-08-11 | Common shares | J | 109000 | — | Disposed | 2499381 | Indirect |
| 2011-08-11 | Common shares | G | 109000 | — | Disposed | 2499381 | Indirect |
Footnotes
F1: Shares distributed by EMG Holdings, LP ("EMGH") to Michael W. Vranos.
F2: These shares are owned directly by EMGH. After the distribution described herein, EMGH is no longer a reporting person pursuant to Section 16.
F3: Shares distributed by EMGH to Michael W. Vranos. VC Investments LLC is the general partner of EMGH, and as such has previously reported indirect ownership of these securities.
F4: The shares are owned indirectly by VC. See foontote (7) below for additional information regarding the ownership of these shares.
F5: Shares gifted to a family trust formed by Michael W. Vranos.
F6: The shares are owned indirectly by Michael W. Vranos. See footnote (7) below for additional information regarding the ownership of these shares.
F7: Three affiliated hedge funds ("Hedge Funds") own 1,250,000 common shares. EMGH owns 1,228,920 common shares. Ellington Financial Management LLC ("EFM") owns 20,461 common shares. Ellington Capital Management, LLC ("ECM") is the general partner of the Hedge Funds. VC is the general partner of EMGH and the managing member of EFM and ECM. Michael W. Vranos is the managing member of, and holds a controlling interest in VC. Mr. Vranos, together with VC and, with respect to 1,228,920 common shares, EMGH, share the power to direct the voting and disposition of the common shares, and may be regarded as the beneficial owners of the common shares owned beneficially or of record by each other. Each of Mr. Vranos, VC and EMGH disclaims beneficial ownership of any common shares owned beneficially or of record by each other except to the extent of its or his pecuniary interest therein.