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Filing Details

Accession Number:
0001144204-14-074038
Form Type:
4
Zero Holdings:
No
Publication Time:
2014-12-15 17:50:58
Reporting Period:
2014-12-11
Filing Date:
2014-12-15
Accepted Time:
2014-12-15 17:50:58
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1209028 Arlington Asset Investment Corp. AI Investors, Nec (6799) 541873198
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1218301 F Eric Billings C/o Arlington Asset Investment Corp.
1001 Nineteenth Street North, Suite 1900
Arlington VA 22209
Executive Chairman Yes Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Class A Common Stock Acquisiton 2014-12-11 194,743 $0.00 308,895 No 4 C Direct
Class A Common Stock Disposition 2014-12-11 75,000 $27.58 233,895 No 4 S Direct
Class A Common Stock Disposition 2014-12-12 67,443 $27.10 166,452 No 4 S Direct
Class A Common Stock Disposition 2014-12-15 52,300 $26.97 114,152 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 C Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Class A Common Stock Class B Common Stock Disposition 2014-12-11 194,743 $0.00 194,743 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
203,914 No 4 C Direct
Footnotes
  1. The reporting person converted 194,743 shares of Class B Common Stock on December 11, 2014. Each share of Class B Common Stock was convertible into one share of Class A Common Stock on a one-for-one basis without the payment of any consideration. As a result, Mr. Billings acquired 194,743 shares of Class A Common Stock.
  2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $27.45 to $27.69, inclusive. The reporting person undertakes to provide to Arlington Asset Investment Corp., any security holder of Arlington Asset Investment Corp., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (2), (3) and (4) to this Form 4.
  3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $27.00 to $27.35, inclusive.
  4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $26.85 to $27.20, inclusive.
  5. Mr. Billings could convert the Class B Common Stock at any time into shares of Class A Common Stock, subject to the approval of Arlington Asset Investment Corp. The Class B Common Stock had no expiration date.