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Filing Details

Accession Number:: 0001209191-14-075439
Form Type:: 4/A
Zero Holdings:: No
Publication Time:: 2014-12-15 17:04:10
Reporting Period:: 2013-07-01

Filing Date:: 2014-12-15
Accepted Time:: 2014-12-15 17:04:10
Original Submission Date:: 2014-01-08
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
1457272	M Todd 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	2013-07-01	10,000	$10.23	210,000	No	4	P	Indirect	See footnote.
Common Stock	Acquisiton	2013-10-22	3,000	$8.21	213,000	No	4	P	Indirect	See footnote.
Common Stock	Acquisiton	2014-01-02	499	$5.78	63,000	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.
No	4	P	Indirect	See footnote.

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	75,000	Direct

Reported Derivative Holdings

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Sec. Name	Sec. Type	Price	Date	Expiration Date	Amount	Remaning Holdings	Nature of Ownership
Common Stock	Convertible Promissory Note Due 2018	$10.88	2013-04-30	2018-04-30	898,851	9,775,000	Indirect

Expiration Date	Amount	Remaning Holdings	Nature of Ownership
2018-04-30	898,851	9,775,000	Indirect

Footnotes

This amendment is being filed to correct the following errors reflected on Reporting Person's Form 4 filed on January 8, 2014. First, Pickup Living Trust purchased 499 shares of Issuer's common stock on January 2, 2014. That purchase was not previously reported on a Form 4, but was included in Reporting Person's holdings of Issuer's common stock as reported on his Schedule 13G/A filed on February 14, 2014; after giving effect to this purchase on the date thereof, Pickup Living Trust held an aggregate of 50,499 shares of Issuer's common stock. Second, Pickup Living Trust purchased 9,029 shares of such common stock on January 3, 2014 and 3,472 shares of such common stock on January 7, 2014. Each such purchase was reported on a Form 4 filed by Reporting Person (dated January 6, 2014, and January 7, 2014, respectively), but was incorrectly listed thereon as a direct holding of Reporting Person; (Continued in Footnote 2)
accordingly, after giving effect to all of the foregoing purchases, as of January 8, 2014, the date on which the originally filed Form 4 that is being amended pursuant to this amendment was filed, Pickup Living Trust held an aggregate of 63,000 shares of Issuer's common stock, and Reporting Person held directly 75,000 such shares. Third, Pickup Grandchildren's Trust purchased 10,000 shares of such common stock on July 1, 2013 and 3,000 shares of such common stock on October 22, 2013. Neither purchase was previously reported on a Form 4, but both were included in Reporting Person's holdings as reported on his Schedule 13G/A filed on February 14, 2014 with respect to Issuer's common stock.
The shares of common stock are held directly by Pickup Grandchildren's Trust, over which shares Reporting Person exercises sole voting and investment power.
The shares of common stock are held directly by Pickup Living Trust, over which shares Reporting Person exercises sole voting and investment power.
As previously reported on a Form 3 filed by Reporting Person on May 8, 2013, on April 30, 2013, the Trust purchased a convertible promissory note in the original principal amount of $9,775,000 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 898,851 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. Reporting Person exercises sole voting and investment power over these securities.
The derivative securities were purchased by the Trust, 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 by the Trust.
As of January 8, 2014, Reporting Person may be deemed to beneficially own an aggregate of 1,649,851 shares of the common stock, consisting of (a) 75,000 shares owned directly, and (b) an aggregate of 1,574,851 shares owned indirectly, consisting of (i) 898,851 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, (ii) 213,000 shares owned directly by Pickup Grandchildren's Trust (over which shares Reporting Person exercises sole voting and investment power), (iii) 63,000 shares owned directly by Pickup Living Trust (over witch shares Reporting Person exercises sole voting and investment power), (Continued in footnote 8)
(iv) 300,000 shares owned directly by the Trust (over which shares Reporting Person exercises sole voting and investment power), and (v) 100,000 shares owned directly by Plus Four Equity Partners, L.P. (over which shares Reporting Person shares voting and investment power).