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Filing Details

Accession Number:: 0001181431-13-024815
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2013-05-02 19:19:18
Reporting Period:: 2012-11-14

Filing Date:: 2013-05-02
Accepted Time:: 2013-05-02 19:19:18
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1000298	Impac Mortgage Holdings Inc	IMH	Real Estate Investment Trusts (6798)	330675505

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
905980	H/ Richard Pickup	2532 Dupont Drive Irvine CA 92612		No	No	Yes	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Acquisiton	2013-03-26	2,707	$9.71	800,000	No	4	P	Indirect	See footnote.
Common Stock	Acquisiton	2013-03-27	7,882	$9.65	182,902	No	4	P	Indirect	See footnote.

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Indirect	See footnote.
No	4	P	Indirect	See footnote.

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Convertible Promissory Note Due 2018	Acquisiton	2013-04-30	0	$5,700,000.00	524,138	$10.88

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
0	2013-04-30	2018-04-30	No	4	P	Indirect

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	100,000	Direct
Common Stock	120,000	Indirect	See footnote.

Footnotes

The shares of common stock were purchased by RHP Trust, dated May 31, 2011 (the "Trust"), of which Reporting Person is the sole beneficiary, over which shares Reporting Person exercises sole voting and investment power, and the number of shares reflected in column 5 represents the aggregate number of shares of common stock owned directly by the Trust upon execution of this purchase transaction.
The shares of common stock were purchased by Dito Devcar LP, over which Reporting Person shares voting and investment power, and the number of shares reflected in column 5 represents the aggregate number of shares of common stock owned directly by Dito Devcar LP upon execution of this purchase transaction.
The shares of common stock are held by Dito Caree LP, over which Reporting Person shares voting and investment power, and the number of shares reflected in column 5 represents the aggregate number of shares of common stock owned directly by Dito Caree LP upon the date of filing of this Form 4.
On April 30, 2013, the Trust purchased a convertible promissory note in the original principal amount of $5,700,000 that is convertible by the Trust immediately upon receipt and, upon conversion of the original principal amount prior to maturity at the initial conversion price of $10.875 per share (subject to adjustment in the event of stock splits, stock dividends and reclassifications), the Trust will receive 524,138 shares of common stock (subject to adjustment in the event of stock splits, stock dividends and reclassifications). The convertible promissory note is due and payable, to the extent not converted, on or before April 30, 2018.
The derivative securities were purchased by the Trust, of which Reporting Person is the sole beneficiary, over which securities Reporting Person exercises sole voting and investment power, and the number of derivative securities reflected in column 9 represents the original principal balance of the convertible promissory note acquired directly by the Trust in this purchase transaction.
As of April 30, 2013, Reporting Person may be deemed to beneficially own an aggregate of 1,727,040 shares of the common stock, consisting of (a) 100,000 shares owned directly, and (b) an aggregate of 1,627,040 shares owned indirectly, consisting of (i) 800,000 shares owned directly by the Trust, (ii) 524,138 shares that the Trust may acquire at any time upon conversion (at the initial conversion price of $10.875 per share) of the outstanding principal balance of a convertible promissory note owned directly by the Trust, (iii) 182,902 shares owned directly by Dito Devcar LP (over which shares Reporting Person shares voting and investment power), and (iv) 120,000 shares owned directly by Dito Caree LP (over which shares Reporting Person shares voting and investment power).