0001628280-23-041801.txt : 20231218
0001628280-23-041801.hdr.sgml : 20231218
20231218170753
ACCESSION NUMBER: 0001628280-23-041801
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20231204
FILED AS OF DATE: 20231218
DATE AS OF CHANGE: 20231218
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Mumford Lisa
CENTRAL INDEX KEY: 0001380384
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-34569
FILM NUMBER: 231494631
MAIL ADDRESS:
STREET 1: 6 BEACHWOOD COURT
CITY: DIX HILLS
STATE: NY
ZIP: 11746
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Ellington Financial Inc.
CENTRAL INDEX KEY: 0001411342
STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE [6500]
ORGANIZATION NAME: 05 Real Estate & Construction
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
wk-form4_1702937260.xml
FORM 4
X0508
4
2023-12-04
0
0001411342
Ellington Financial Inc.
EFC
0001380384
Mumford Lisa
53 FOREST AVE
GREENWICH
CT
06870
1
0
0
0
0
Common Stock
2023-12-04
4
M
0
84720
0
A
84720
D
Common Stock
2023-12-14
4
S
0
21180
13.06
D
63540
D
OP LTIP Units
2023-12-04
4
M
0
84720
0
D
Common Units
84720
0
D
OP LTIP Units
2023-12-14
4
A
0
7657
0
A
Common Units
7657
7657
D
Represents a separate non-voting class of limited liability company interests ("OP LTIP Units") of Ellington Financial Operating Partnership LLC (the "Operating Partnership"), the operating partnership of Ellington Financial Inc. (the "Company").
The OP LTIP Units were issued pursuant to, and were subject to the terms and conditions of, the Company' 2017 Equity Incentive Plan (the "2017 Plan") and were converted into limited liability company interests of the Operating Partnership designated as common units (the "Common Units") on a one-for-one basis and subsequently redeemed for an equivalent number of shares of common stock of the Company, $0.001 par value per share (the "Common Shares").
Represents the conversion of outstanding vested OP LTIP Units into Common Units and the redemption of the Common Units for Common Shares pursuant to the terms thereof. The conversion and redemption do not represent or involve a disposition for value. The 84,720 OP LTIP Units became convertible on the day before the one year anniversary of their respective grant. The rights to convert OP LTIP Units into Common Units and redeem such Common Units do not have expiration dates.
The 7,657 OP LTIP Units remain forfeitable, subject to the reporting person's continued service as a member of the board of directors of the Company, until September 13, 2024. The OP LTIP Units may be converted, upon lapse of the vesting restrictions described above, at the election of the holder, or at any time at the election of the Company, into Common Units on a one-for-one basis. Subject to certain conditions, the Common Units are redeemable by the holder for an equivalent number of Common Shares or for the cash value of such Common Shares, at the Company's election. The OP LTIP Units were issued pursuant to, and are subject to the terms and conditions of the Company's 2017 Plan. The rights to convert OP LTIP Units into Common Units and redeem such Common Units do not have expiration dates.
/s/ Alaael-Deen Shilleh, as attorney-in-fact for Lisa Mumford
2023-12-18