TWO HARBORS INVESTMENT CORP. — Director's Dealing 2018

May 21, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TWO HARBORS INVESTMENT CORP. (TWO)
CIK: 0001465740
Period of Report: 2018-05-17

Reporting Person: Woodhouse Hope B (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-05-17	Common stock, par value $0.01 per share	A	7105	$15.48	Acquired	35406	Direct

Footnotes

F1: Represents a common stock award for service as a director, issued under Two Harbors Investment Corp.'s Second Restated 2009 Equity Incentive Plan.

F2: On November 1, 2017, the Issuer effected a one-for-two reverse stock split of its outstanding shares of common stock. The amount of securities reported in this Form 4 has been adjusted to reflect the reverse stock split.