- Statement of Changes in Beneficial Ownership (4)
07 Junho 2012 - 6:04PM
Edgar (US Regulatory)
FORM 4
[ ]
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue.
See
Instruction 1(b).
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
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OMB APPROVAL
OMB Number:
3235-0287
Estimated average burden
hours per response...
0.5
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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(f) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
*
ARNOLD FREDERICK
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2. Issuer Name
and
Ticker or Trading Symbol
CIFC Corp.
[
DFR
]
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5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__
X
__ Director
_____ 10% Owner
_____ Officer (give title below)
_____ Other (specify below)
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(Last)
(First)
(Middle)
C/O CIFC CORP., 250 PARK AVENUE
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3. Date of Earliest Transaction
(MM/DD/YYYY)
5/12/2012
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(Street)
NEW YORK, NY 10177
(City)
(State)
(Zip)
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4. If Amendment, Date Original Filed
(MM/DD/YYYY)
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6. Individual or Joint/Group Filing
(Check Applicable Line)
_
X
_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
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Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
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1.Title of Security
(Instr. 3)
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2. Trans. Date
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2A. Deemed Execution Date, if any
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3. Trans. Code
(Instr. 8)
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4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
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5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
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6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)
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7. Nature of Indirect Beneficial Ownership (Instr. 4)
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Code
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V
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Amount
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(A) or (D)
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Price
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Common Stock
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5/12/2012
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M
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V
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2411
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A
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$0.00
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9385
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D
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Table II - Derivative Securities Beneficially Owned (
e.g.
, puts, calls, warrants, options, convertible securities)
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1. Title of Derivate Security
(Instr. 3)
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2. Conversion or Exercise Price of Derivative Security
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3. Trans. Date
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3A. Deemed Execution Date, if any
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4. Trans. Code
(Instr. 8)
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5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
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6. Date Exercisable and Expiration Date
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7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
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8. Price of Derivative Security
(Instr. 5)
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9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)
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10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)
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11. Nature of Indirect Beneficial Ownership (Instr. 4)
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Code
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V
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(A)
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(D)
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Date Exercisable
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Expiration Date
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Title
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Amount or Number of Shares
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Performance Shares
(1)
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(1)
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5/12/2012
(2)
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M
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V
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2411
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5/12/2012
(2)
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5/12/2014
(2)
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Common Stock
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2411
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$0.00
(2)
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4824
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D
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Explanation of Responses:
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(
1)
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A Performance Share is a restricted stock unit granted pursuant to the Issuer's First Amended and Restated Stock Incentive Plan (the "Plan") that entitles the holder to receive one share of Common Stock or a cash payment or a combination thereof in exchange for one Performance Share upon a specified date, is subject to acceleration upon a change of control of the Issuer, and to certain adjustments, as specified in the Restricted Stock Unit Award Agreement.
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(
2)
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The Performance Shares are awarded to the Reporting Person by the Issuer as the stock-based portion of his fee for service as a Director, pursuant to a Restricted Stock Unit Award Agreement dated May 12, 2011 between the Issuer and the Reporting Person, which was approved by the Board of Directors. The Performance Shares are fully vested and settle on the first three anniversaries of the award date, each with respect to one-third of the Performance Shares awarded.
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Reporting Owners
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Reporting Owner Name / Address
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Relationships
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Director
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10% Owner
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Officer
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Other
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ARNOLD FREDERICK
C/O CIFC CORP.
250 PARK AVENUE
NEW YORK, NY 10177
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X
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Signatures
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/s/ Frederick Arnold
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6/6/2012
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**
Signature of Reporting Person
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Date
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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*
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If the form is filed by more than one reporting person,
see
Instruction 4(b)(v).
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**
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Intentional misstatements or omissions of facts constitute Federal Criminal Violations.
See
18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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Note:
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File three copies of this Form, one of which must be manually signed. If space is insufficient,
see
Instruction 6 for procedure.
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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.
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