Filing Details

Accession Number:
0000899243-15-003904
Form Type:
4
Zero Holdings:
No
Publication Time:
2015-08-24 17:30:37
Reporting Period:
2015-08-19
Filing Date:
2015-08-24
Accepted Time:
2015-08-24 17:30:37
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
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2015-08-20 300 $15.23 97,500 No 4 P Indirect See footnote.
Common Stock Acquisiton 2015-08-20 100 $15.20 97,600 No 4 P Indirect See footnote.
Common Stock Acquisiton 2015-08-20 200 $15.20 97,800 No 4 P Indirect See footnote.
Common Stock Acquisiton 2015-08-20 200 $15.20 98,000 No 4 P Indirect See footnote.
Common Stock Acquisiton 2015-08-20 1,300 $15.20 99,300 No 4 P Indirect See footnote.
Common Stock Acquisiton 2015-08-20 200 $15.20 99,500 No 4 P Indirect See footnote.
Common Stock Acquisiton 2015-08-20 300 $15.20 99,800 No 4 P Indirect See footnote.
Common Stock Acquisiton 2015-08-20 100 $15.20 99,900 No 4 P Indirect See footnote.
Common Stock Acquisiton 2015-08-20 100 $15.20 100,000 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.
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 Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 75,000 Direct
Common Stock 275,000 Indirect See footnote.
Common Stock 300,000 Indirect See footnote.
Common Stock 100,000 Indirect See footnote.
Common Stock 5,000 Indirect See footnote.
Reported Derivative Holdings
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
Common Stock Convertible Promissory Note Due 2020 $21.50 2016-01-02 2020-05-09 465,117 0 Indirect
Expiration Date Amount Remaning Holdings Nature of Ownership
2018-04-30 898,851 0 Indirect
2020-05-09 465,117 0 Indirect
Footnotes
  1. The shares of common stock were purchased directly by Pickup Living Trust, over which shares Reporting Person exercises sole voting and investment power.
  2. The shares of common stock are held directly by Pickup Grandchildren's Trust, over which shares Reporting Person exercises sole voting and investment power.
  3. 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 purchase by Vintage Trust, dated October 28, 1993, of 2,719 shares of the common stock on June 29, 2015 at a price of $18.50 per share was erroneously attributed to the Trust in Reporting Person's form 4 filed on that date.)
  4. 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.
  5. The shares of common stock are held directly by Vintage Trust, dated October 28, 1993, over which shares Reporting Person shares voting and investment power. (The purchase by Vintage Trust, dated October 28, 1993, of 2,719 shares of the common stock on June 29, 2015 at a price of $18.50 per share was erroneously attributed to the Trust in Reporting Person's form 4 filed on that date.)
  6. 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.
  7. 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.
  8. As of August 20, 2015, Reporting Person may be deemed to beneficially own an aggregate of 2,218,968 shares of the common stock, consisting of (a) 75,000 shares owned directly, and (b) an aggregate of 2,143,968 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)
  9. (iv) 100,000 shares owned directly by Pickup Living Trust (over which shares Reporting Person exercises sole voting and investment power), (v) 300,000 shares owned directly by the Trust (over which shares Reporting Person exercises sole voting and investment power), (vi) 100,000 shares owned directly by Plus Four Equity Partners, L.P. (over which shares Reporting Person shares voting and investment power), and (vii) 5,000 shares owned directly by Vintage Trust, dated October 28, 1993 (over which shares Reporting Person shares voting and investment power).