0001628280-20-002986.txt : 20200304 0001628280-20-002986.hdr.sgml : 20200304 20200304182222 ACCESSION NUMBER: 0001628280-20-002986 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20200302 FILED AS OF DATE: 20200304 DATE AS OF CHANGE: 20200304 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Penn Laurence CENTRAL INDEX KEY: 0001474801 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-34569 FILM NUMBER: 20688784 MAIL ADDRESS: STREET 1: 52 FOREST AVENUE CITY: OLD GREENWICH STATE: CT ZIP: 06870 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Ellington Financial Inc. CENTRAL INDEX KEY: 0001411342 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE [6500] IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 53 Forest Ave CITY: Greenwich STATE: ct ZIP: 06870 BUSINESS PHONE: 203-698-1200 MAIL ADDRESS: STREET 1: 53 Forest Ave CITY: Greenwich STATE: ct ZIP: 06870 FORMER COMPANY: FORMER CONFORMED NAME: Ellington Financial LLC DATE OF NAME CHANGE: 20070831 4 1 wf-form4_158336412555478.xml FORM 4 X0306 4 2020-03-02 0 0001411342 Ellington Financial Inc. EFC 0001474801 Penn Laurence 53 FOREST AVENUE OLD GREENWICH CT 06870 1 1 0 0 CEO and President Common Stock 2020-03-02 4 M 0 38759 A 38759 I In Trust Common Stock 105563 D Common Stock 469372 I See footnote Common Units 2020-03-02 4 M 0 38759 0 D Common Stock 38759.0 0 I See footnote Converted from a class of limited liability company interests ("Common Units") of Ellington Financial Operating Partnership LLC, the operating partnership of Ellington Financial Inc. (the "Issuer"). Subject to certain conditions, the Common Units were redeemable by the holder for an equivalent number of shares of common stock of the Issuer ("Common Stock") or for the cash value of such shares of Common Stock, at the Issuer's election 38,759 shares of Common Stock are held by a family trust of which Mr. Penn is a settlor and for which Michael Vranos serves as a trustee (the "Penn Family Trust"). Mr. Vranos has certain consent rights with respect to transfers of shares of Common Stock held by the Penn Family Trust. Mr. Vranos disclaims any pecuniary interest in the shares of Common Stock held by the Penn Family Trust. As a current manager of the Penn Family Trust, Mr. Penn currently has the power to direct the voting and disposition of these shares of Common Stock, and as such may be regarded as the indirect beneficial owner of such shares of Common Stock. Mr. Penn disclaims any pecuniary interest in these shares of Common Stock. Mr. Penn is a limited partner in EMG Holdings L.P. ("EMGH"), which holds certain shares of Common Stock with respect to which Mr. Penn receives the economic benefit but does not have voting or dispositive power while held by EMGH. Historically, Mr. Penn has had the right to withdraw from EMGH some of those shares of Common Stock, but not others. Mr. Penn currently has the right to withdraw 469,372 of these shares of Common Stock from EMGH. Subject to certain conditions, the Common Units are redeemable by the holder for an equivalent number of shares of Common Stock of the Issuer or for the cash value of such shares of Common Stock, at the Issuer's election. 38,759 Common Units were held by the Penn Family Trust. Mr. Vranos has certain consent rights with respect to transfers of all Common Units including those held by the Penn Family Trust. Mr. Vranos disclaims any pecuniary interest in the Common Units held by the Penn Family Trust. /s/ Jason Frank, attorney-in-fact for Laurence Penn 2020-03-02