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Ellington Financial Inc. — Director's Dealing 2015
Dec 17, 2015
32031_dirs_2015-12-17_d7f6b84f-b7e8-44e5-a54f-313d5a29ff9a.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: 2015-12-15
Reporting Person: Mumford Lisa (Chief Financial Officer)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2015-12-15 | LTIP Units | $ | A | 11422 | Acquired | Common shares representing ltd liability company interests (11422.0) | Direct |
Footnotes
F1: Represents a separate non-voting class of limited liability company interests ("LTIP Units") of the Issuer, which are structured as profits interests. 5,473 of the LTIP Units will vest one year from the date of grant and the remaining 5,949 of the LTIP units will vest two years from the date of grant. The LTIP Units may be converted at the election of the holder, into common shares representing limited liability company interests of the Issuer on a one-for-one basis. The LTIP Units were issued pursuant to, and are subject to the terms and conditions of, the Issuer's 2007 Incentive Plan for Individuals.