0001209191-19-002634.txt : 20190107
0001209191-19-002634.hdr.sgml : 20190107
20190107184607
ACCESSION NUMBER: 0001209191-19-002634
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20190103
FILED AS OF DATE: 20190107
DATE AS OF CHANGE: 20190107
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Phillips Lance
CENTRAL INDEX KEY: 0001631043
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-08896
FILM NUMBER: 19514309
MAIL ADDRESS:
STREET 1: 1807 ROSS AVE.
STREET 2: 4TH FLOOR
CITY: DALLAS
STATE: TX
ZIP: 75201
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: CAPSTEAD MORTGAGE CORP
CENTRAL INDEX KEY: 0000766701
STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798]
IRS NUMBER: 752027937
STATE OF INCORPORATION: MD
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 8401 NORTH CENTRAL EXPRESSWAY
STREET 2: STE 800
CITY: DALLAS
STATE: TX
ZIP: 75225
BUSINESS PHONE: 2148742323
MAIL ADDRESS:
STREET 1: 8401 NORTH CENTRAL EXPRESSWAY
STREET 2: STE 800
CITY: DALLAS
STATE: TX
ZIP: 75225
FORMER COMPANY:
FORMER CONFORMED NAME: LOMAS MORTGAGE CORP
DATE OF NAME CHANGE: 19891105
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2019-01-03
0
0000766701
CAPSTEAD MORTGAGE CORP
CMO
0001631043
Phillips Lance
8401 N CENTRAL EXPRESSWAY
SUITE 800
DALLAS
TX
75225
0
1
0
0
Chief Financial Officer
Common Stock
2019-01-03
4
A
0
24408
6.76
A
37489
D
Performance Units
2019-01-03
4
A
0
24408
A
Common Stock
37489
D
Represents a portion of the executive's 2019 long-term incentive compensation. The unvested stock awards, granted from the Amended and Restated 2014 Flexible Incentive Plan, vest 100% at the end of year three. Dividends associated with these shares will only be paid upon vesting of the awards.
Represents the primary component of the executive's 2019 long-term incentive compensation. The performance units ("Units") are convertible into common stock of the Issuer after December 31, 2021 and before March 15, 2022, with the conversion factor determined formulaically, based on achievement of stated performance criteria. The Units target a one-for-one conversion ratio into the common stock of the Issuer; however, the actual conversion ratio will be dependent on the achievement of the performance objectives outlined in the Issuer's 2019 Long-Term Award criteria. The Units could expire without converting into any shares of common stock of the Issuer or could be convertible into as many as 200% of the number of Units granted to the Reporting Person provided maximum thresholds are achieved for all performance objectives. The Units will terminate on December 31, 2021 if minimum performance criteria are not achieved for any of the performance objectives.
The number reflects adjustment made as a result of expiration of performance units previously granted.
/S/ Lance J. Phillips
2019-01-07