Home > Insider Trading > Filing (0001209191-15-057302)

Filing Details

Accession Number:: 0001209191-15-057302
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2015-06-29 20:08:13
Reporting Period:: 2015-06-25

Filing Date:: 2015-06-29
Accepted Time:: 2015-06-29 20:08:13
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	1600 E. Coast Highway Newport CA 92660		No	No	Yes	No

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Acquisiton	2015-06-25	2,500	$18.65	242,500	No	4	P	Indirect	See footnote.
Common Stock	Acquisiton	2015-06-25	600	$18.65	243,100	No	4	P	Indirect	See footnote.
Common Stock	Acquisiton	2015-06-25	300	$18.75	243,400	No	4	P	Indirect	See footnote.
Common Stock	Acquisiton	2015-06-25	100	$18.75	243,500	No	4	P	Indirect	See footnote.
Common Stock	Acquisiton	2015-06-25	1,500	$18.75	245,000	No	4	P	Indirect	See footnote.
Common Stock	Acquisiton	2015-06-25	2,500	$18.75	247,500	No	4	P	Indirect	See footnote.
Common Stock	Acquisiton	2015-06-26	100	$18.60	247,600	No	4	P	Indirect	See footnote.
Common Stock	Acquisiton	2015-06-26	100	$18.75	247,700	No	4	P	Indirect	See footnote.
Common Stock	Acquisiton	2015-06-26	100	$18.74	247,800	No	4	P	Indirect	See footnote.
Common Stock	Acquisiton	2015-06-26	300	$18.73	248,100	No	4	P	Indirect	See footnote.
Common Stock	Acquisiton	2015-06-26	100	$18.80	248,200	No	4	P	Indirect	See footnote.
Common Stock	Acquisiton	2015-06-26	200	$18.80	248,400	No	4	P	Indirect	See footnote.
Common Stock	Acquisiton	2015-06-26	900	$18.80	249,300	No	4	P	Indirect	See footnote.
Common Stock	Acquisiton	2015-06-26	100	$18.80	249,400	No	4	P	Indirect	See footnote.
Common Stock	Acquisiton	2015-06-26	200	$18.79	249,600	No	4	P	Indirect	See footnote.
Common Stock	Acquisiton	2015-06-26	98	$18.96	249,698	No	4	P	Indirect	See footnote.
Common Stock	Acquisiton	2015-06-26	200	$18.96	249,898	No	4	P	Indirect	See footnote.
Common Stock	Acquisiton	2015-06-26	102	$18.96	250,000	No	4	P	Indirect	See footnote.
Common Stock	Acquisiton	2015-06-26	500	$18.96	250,500	No	4	P	Indirect	See footnote.
Common Stock	Acquisiton	2015-06-26	100	$18.95	250,600	No	4	P	Indirect	See footnote.
Common Stock	Acquisiton	2015-06-26	200	$18.96	250,800	No	4	P	Indirect	See footnote.
Common Stock	Acquisiton	2015-06-26	200	$18.96	251,000	No	4	P	Indirect	See footnote.
Common Stock	Acquisiton	2015-06-26	100	$18.96	251,100	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.
No	4	P	Indirect	See footnote.
No	4	P	Indirect	See footnote.
No	4	P	Indirect	See footnote.
No	4	P	Indirect	See footnote.
No	4	P	Indirect	See footnote.
No	4	P	Indirect	See footnote.
No	4	P	Indirect	See footnote.
No	4	P	Indirect	See footnote.
No	4	P	Indirect	See footnote.
No	4	P	Indirect	See footnote.
No	4	P	Indirect	See footnote.
No	4	P	Indirect	See footnote.
No	4	P	Indirect	See footnote.
No	4	P	Indirect	See footnote.
No	4	P	Indirect	See footnote.
No	4	P	Indirect	See footnote.
No	4	P	Indirect	See footnote.
No	4	P	Indirect	See footnote.
No	4	P	Indirect	See footnote.
No	4	P	Indirect	See footnote.

Reported Derivative Transactions

Show Other Fields >>

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Convertible Promissory Note Due 2020	Acquisiton	2015-05-08	0	$10,000,000.00	465,117	$21.50

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
0	2016-01-02	2020-05-09	No	4	P	Indirect

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	75,000	Direct
Common Stock	63,000	Indirect	See footnote.
Common Stock	300,000	Indirect	See footnote.
Common Stock	100,000	Indirect	See footnote.

Reported Derivative Holdings

Show Other Fields >>

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	0	Indirect

Expiration Date	Amount	Remaning Holdings	Nature of Ownership
2018-04-30	898,851	0	Indirect

Footnotes

The shares of common stock were purchased 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.
The shares of common stock are held directly by Vintage Trust II, dated July 19, 2007 (the "Trust"), over which shares Reporting Person exercises sole voting and investment power.
The shares of common stock are held directly by Plus Four Equity Partners, L.P., over which shares Reporting Person shares voting and investment power.
As previously reported on a Form 3 filed by the Trust on May 8, 2013, on April 30, 2013, the Trust purchased a Convertible Promissory Note Due 2018 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 Due 2018 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.
As previously reported on a Form 4 filed by Reporting Person on May 11, 2015, on May 8, 2015, the Trust purchased a Convertible Promissory Note Due 2020 in the original principal amount of $10,000,000 that is convertible by the Trust at any time after January 1, 2016, and, upon conversion of the original principal amount prior to maturity at the initial conversion price of $21.50 per share (subject to adjustment in the event of stock splits, stock dividends and reclassifications), the Trust will receive 465,117 shares of common stock (subject to adjustment in the event of stock splits, stock dividends and reclassifications). The Convertible Promissory Note Due 2020 note is due and payable, to the extent not converted, on or before May 9, 2020.
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 columns 5 and 9 represents the original principal balance of the Convertible Promissory Note Due 2020 acquired directly by the Trust in this purchase transaction.
As of June 29, 2015, Reporting Person may be deemed to beneficially own an aggregate of 2,179,687 shares of the common stock, consisting of (a) 75,000 shares owned directly, and (b) an aggregate of 2,104,687 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 Due 2018 owned directly by the Trust, (ii) 465,117 shares that the Trust may acquire at any time after January 1, 2016 upon conversion (at the initial conversion price of $21.50 per share) of the outstanding principal balance of a Convertible Promissory Note Due 2020 owned directly by the Trust, (iii) 275,000 shares owned directly by Pickup Grandchildren's Trust (over which shares Reporting Person exercises sole voting and investment power), (Continued in footnote 9)
(iv) 63,000 shares owned directly by Pickup Living Trust (over which shares Reporting Person exercises sole voting and investment power), (v) 302,719 shares owned directly by the Trust (over which shares Reporting Person exercises sole voting and investment power), and (vi) 100,000 shares owned directly by Plus Four Equity Partners, L.P. (over which shares Reporting Person shares voting and investment power).