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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Restricted Stock Units | (4) | 06/30/2016 | A | 500 | (5) | (5) | Common Stock | 500 | $ 0 (6) | 17,427 | D | ||||
Restricted Stock Units | (2) | 07/01/2016 | M | 8,714 | (7) | (7) | Common Stock | 8,714 | $ 0 | 8,713 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Lieberman Jonathan C/O ANGELO, GORDON & CO., L.P. 245 PARK AVENUE, 26TH FLOOR NEW YORK, NY 10167 |
X | President and CIO |
/s/ Raul E. Moreno, Attorney-in-Fact for Jonathan Lieberman | 07/06/2016 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | On July 1, 2016, 8,714 restricted stock units vested in 8,714 shares of common stock of AG Mortgage Investment Trust, Inc. (the "Company"). |
(2) | Each restricted stock unit represents the right to receive one restricted share of common stock of the Company upon vesting of the unit. This transaction represents the settlement of vested restricted stock units in shares of common stock on their scheduled vesting date. |
(3) | 15,000 shares of common stock are owned jointly with the reporting person's spouse. |
(4) | Each restricted stock unit represents the right to receive one restricted share of common stock of the Company upon vesting of the unit. |
(5) | 50% of the restricted stock units were scheduled to vest on July 1, 2016 and the remaining 50% of the restricted stock units are scheduled to vest on July 1, 2017, assuming Mr. Lieberman remains an employee of Angelo, Gordon & Co., L.P. ("Angelo, Gordon") through such date. |
(6) | These restricted stock units were transferred by AG REIT Management, LLC, the Company's external manager (the "Manager"), to Mr. Lieberman for his service to the Manager. |
(7) | The restricted stock units held by Mr. Lieberman as of June 30, 2016 vest equally (with deviations for rounding as required) on July 1, 2016 and July 1, 2017. The restricted stock units scheduled to vest on July 1, 2017 are conditioned on Mr. Lieberman's continued employment with Angelo, Gordon on such date, as set forth in the applicable award agreement. |