MICHAEL RALPH S III

SEC source: 0000764065-26-000082 · wk-form4_1776978105.xml · nonDerivative · entry 1

MICHAEL RALPH S III · CIK 0001174250 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 233,420

F1 · shares: Reflects the number of restricted shares granted to the Reporting Person as the 2026 Director Restricted Shares pursuant to the 2021 Nonemployee Directors' Compensation Plan.

SEC source: 0000764065-25-000092 · wk-form4_1745616780.xml · nonDerivative · entry 1

MICHAEL RALPH S III · CIK 0001174250 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 218,086

F1 · shares: Reflects the number of restricted shares granted to the Reporting Person as the 2025 Director Restricted Shares pursuant to the 2021 Nonemployee Directors' Compensation Plan.

SEC source: 0000764065-24-000150 · wk-form4_1718303164.xml · nonDerivative · entry 1

MICHAEL RALPH S III · CIK 0001174250 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 199,519

SEC source: 0000764065-24-000120 · wk-form4_1714164765.xml · nonDerivative · entry 1

MICHAEL RALPH S III · CIK 0001174250 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 179,519

F1 · shares: Reflects the number of restricted shares granted to the Reporting Person as the 2024 Director Restricted Shares pursuant to the 2021 Nonemployee Directors' Compensation Plan.

SEC source: 0001104659-23-127032 · tm2333194-2_4seq1.xml · derivative · entry 3

MICHAEL RALPH S III · CIK 0001174250 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 0

Underlying: Class A Common Stock · 46,097 shares

Expires not disclosed

F4 · derivative.exercise_price: Pursuant to the Agreement, at the Effective Time, each outstanding deferred stock unit held by the reporting person was converted into the right to receive the Per Share Common Merger Consideration.

F4 · shares: Pursuant to the Agreement, at the Effective Time, each outstanding deferred stock unit held by the reporting person was converted into the right to receive the Per Share Common Merger Consideration.

F4 · price: Pursuant to the Agreement, at the Effective Time, each outstanding deferred stock unit held by the reporting person was converted into the right to receive the Per Share Common Merger Consideration.

F4 · derivative.exercise_date: Pursuant to the Agreement, at the Effective Time, each outstanding deferred stock unit held by the reporting person was converted into the right to receive the Per Share Common Merger Consideration.

F4 · derivative.expiration_date: Pursuant to the Agreement, at the Effective Time, each outstanding deferred stock unit held by the reporting person was converted into the right to receive the Per Share Common Merger Consideration.

F4 · balance_after: Pursuant to the Agreement, at the Effective Time, each outstanding deferred stock unit held by the reporting person was converted into the right to receive the Per Share Common Merger Consideration.

SEC source: 0001104659-23-127032 · tm2333194-2_4seq1.xml · derivative · entry 2

MICHAEL RALPH S III · CIK 0001174250 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 0

Underlying: Class A Common Stock · 90,108 shares

Expires not disclosed

F3 · derivative.exercise_price: Pursuant to the Agreement, at the Effective Time, each outstanding restricted stock unit held by the reporting person was converted into the right to receive the Per Share Common Merger Consideration.

F3 · shares: Pursuant to the Agreement, at the Effective Time, each outstanding restricted stock unit held by the reporting person was converted into the right to receive the Per Share Common Merger Consideration.

F3 · price: Pursuant to the Agreement, at the Effective Time, each outstanding restricted stock unit held by the reporting person was converted into the right to receive the Per Share Common Merger Consideration.

F3 · derivative.exercise_date: Pursuant to the Agreement, at the Effective Time, each outstanding restricted stock unit held by the reporting person was converted into the right to receive the Per Share Common Merger Consideration.

F3 · derivative.expiration_date: Pursuant to the Agreement, at the Effective Time, each outstanding restricted stock unit held by the reporting person was converted into the right to receive the Per Share Common Merger Consideration.

F3 · balance_after: Pursuant to the Agreement, at the Effective Time, each outstanding restricted stock unit held by the reporting person was converted into the right to receive the Per Share Common Merger Consideration.

SEC source: 0001104659-23-127032 · tm2333194-2_4seq1.xml · nonDerivative · entry 1

MICHAEL RALPH S III · CIK 0001174250 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 0

F1 · price: On December 14, 2023, pursuant to the Agreement and Plan of Merger, dated as of May 29, 2023 (the "Agreement"), by and among the Issuer, Ellington Financial Inc., a Delaware corporation ("Parent"), EF Merger Sub Inc., a Virginia corporation and a direct and wholly owned subsidiary of Parent ("Merger Sub"), and solely for the limited purposes set forth in the Agreement, Ellington Financial Management LLC, a Delaware limited liability company ("EFC Manager"), the Issuer merged with and into Merger Sub with Merger Sub continuing as the surviving corporation and a subsidiary of Parent (the "Merger").

F2 · price: Pursuant to the Agreement, at the effective time of the Merger (the "Effective Time"), each share of the Issuer's Class A common stock ("Common Stock") issued and outstanding immediately prior to the Effective Time was converted into the right to receive (i) from Parent, 0.3619 shares of Parent's common stock, with fractional shares paid out in cash, and (ii) from EFC Manager, $0.09 in cash (the "Per Share Common Merger Consideration").

SEC source: 0000764065-23-000111 · wf-form4_168305072690065.xml · nonDerivative · entry 1

MICHAEL RALPH S III · CIK 0001174250 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 171,840

SEC source: 0000764065-23-000103 · wf-form4_168271334874609.xml · nonDerivative · entry 1

MICHAEL RALPH S III · CIK 0001174250 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 161,840

F1 · shares: Reflects the number of restricted shares granted to the Reporting Person as the 2023 Director Restricted Shares pursuant to the Cleveland-Cliffs Inc. 2021 Nonemployee Directors' Compensation Plan.

SEC source: 0001209191-22-037860 · doc4.xml · derivative · entry 2

MICHAEL RALPH S III · CIK 0001174250 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 46,097

Underlying: Class A Common Stock · 26,490 shares

Expires not disclosed

F2 · derivative.exercise_price: Each deferred stock unit ("DSU") represents a contingent right to receive one share of Class A common stock.

F3 · shares: Represents annual grant of DSUs pursuant to the Company's 2021 Long-Term Incentive Plan in connection with the reporting person's service as a non-employee director of the Company. DSUs vest immediately on the award grant date. Vested DSUs are converted into shares of Class A common stock on a one-for-one basis upon the later of the reporting person's separation from service on the board or the first anniversary of the grant date (the "Settlement Date"). If a change in control occurs before the Settlement Date, the settlement will occur on the control change date. The reporting person does not have voting rights with respect to, but receives dividend equivalent payments on outstanding DSUs.

F3 · derivative.exercise_date: Represents annual grant of DSUs pursuant to the Company's 2021 Long-Term Incentive Plan in connection with the reporting person's service as a non-employee director of the Company. DSUs vest immediately on the award grant date. Vested DSUs are converted into shares of Class A common stock on a one-for-one basis upon the later of the reporting person's separation from service on the board or the first anniversary of the grant date (the "Settlement Date"). If a change in control occurs before the Settlement Date, the settlement will occur on the control change date. The reporting person does not have voting rights with respect to, but receives dividend equivalent payments on outstanding DSUs.

F3 · derivative.expiration_date: Represents annual grant of DSUs pursuant to the Company's 2021 Long-Term Incentive Plan in connection with the reporting person's service as a non-employee director of the Company. DSUs vest immediately on the award grant date. Vested DSUs are converted into shares of Class A common stock on a one-for-one basis upon the later of the reporting person's separation from service on the board or the first anniversary of the grant date (the "Settlement Date"). If a change in control occurs before the Settlement Date, the settlement will occur on the control change date. The reporting person does not have voting rights with respect to, but receives dividend equivalent payments on outstanding DSUs.

F3 · derivative.underlying_shares: Represents annual grant of DSUs pursuant to the Company's 2021 Long-Term Incentive Plan in connection with the reporting person's service as a non-employee director of the Company. DSUs vest immediately on the award grant date. Vested DSUs are converted into shares of Class A common stock on a one-for-one basis upon the later of the reporting person's separation from service on the board or the first anniversary of the grant date (the "Settlement Date"). If a change in control occurs before the Settlement Date, the settlement will occur on the control change date. The reporting person does not have voting rights with respect to, but receives dividend equivalent payments on outstanding DSUs.

SEC source: 0000764065-22-000107 · wf-form4_165187290123460.xml · nonDerivative · entry 1

MICHAEL RALPH S III · CIK 0001174250 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 152,407

F1 · shares: Reflects the number of restricted shares granted to the Reporting Person as the 2022 Director Restricted Shares pursuant to the Cleveland-Cliffs Inc. 2021 Nonemployee Directors' Compensation Plan.

SEC source: 0000764065-21-000217 · wf-form4_163916705554137.xml · nonDerivative · entry 1

MICHAEL RALPH S III · CIK 0001174250 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 147,136

F1 · price: The price reported in column four is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $20.10 to $20.11, inclusive. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer or the Staff of the Securities and Exchange Commission, upon request, with full information regarding the number of shares purchased at each separate price within this range.

SEC source: 0001209191-21-041508 · doc4.xml · derivative · entry 2

MICHAEL RALPH S III · CIK 0001174250 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 19,607

Underlying: Class A Common Stock · 19,607 shares

Expires not disclosed

F2 · derivative.exercise_price: Each deferred stock unit ("DSU") represents a contingent right to receive one share of Class A common stock.

F3 · shares: Represents annual grant of DSUs pursuant to the Company's 2021 Long-Term Incentive Plan in connection with the reporting person's service as a non-employee director of the Company. DSUs vest immediately on the award grant date. Vested DSUs are converted into shares of Class A common stock on a one-for-one basis upon the later of the reporting person's separation from service on the board or the first anniversary of the grant date (the "Settlement Date"). If a change in control occurs before the Settlement Date, the settlement will occur on the control change date. The reporting person does not have voting rights with respect to, but receives dividend equivalent payments on outstanding DSUs.

F3 · derivative.exercise_date: Represents annual grant of DSUs pursuant to the Company's 2021 Long-Term Incentive Plan in connection with the reporting person's service as a non-employee director of the Company. DSUs vest immediately on the award grant date. Vested DSUs are converted into shares of Class A common stock on a one-for-one basis upon the later of the reporting person's separation from service on the board or the first anniversary of the grant date (the "Settlement Date"). If a change in control occurs before the Settlement Date, the settlement will occur on the control change date. The reporting person does not have voting rights with respect to, but receives dividend equivalent payments on outstanding DSUs.

F3 · derivative.expiration_date: Represents annual grant of DSUs pursuant to the Company's 2021 Long-Term Incentive Plan in connection with the reporting person's service as a non-employee director of the Company. DSUs vest immediately on the award grant date. Vested DSUs are converted into shares of Class A common stock on a one-for-one basis upon the later of the reporting person's separation from service on the board or the first anniversary of the grant date (the "Settlement Date"). If a change in control occurs before the Settlement Date, the settlement will occur on the control change date. The reporting person does not have voting rights with respect to, but receives dividend equivalent payments on outstanding DSUs.

F3 · derivative.underlying_shares: Represents annual grant of DSUs pursuant to the Company's 2021 Long-Term Incentive Plan in connection with the reporting person's service as a non-employee director of the Company. DSUs vest immediately on the award grant date. Vested DSUs are converted into shares of Class A common stock on a one-for-one basis upon the later of the reporting person's separation from service on the board or the first anniversary of the grant date (the "Settlement Date"). If a change in control occurs before the Settlement Date, the settlement will occur on the control change date. The reporting person does not have voting rights with respect to, but receives dividend equivalent payments on outstanding DSUs.

SEC source: 0000764065-21-000155 · wf-form4_161981463638046.xml · nonDerivative · entry 1

MICHAEL RALPH S III · CIK 0001174250 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 137,136

F1 · shares: Reflects the number of restricted shares granted to the Reporting Person as the 2021 Director Restricted Shares pursuant to the Cleveland-Cliffs Inc. 2021 Nonemployee Directors' Compensation Plan.

SEC source: 0000899243-20-015818 · doc4.xml · derivative · entry 2

MICHAEL RALPH S III · CIK 0001174250 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 90,108

Underlying: Class A Common Stock · 22,099 shares

Expires not disclosed

F2 · derivative.exercise_price: Each restricted stock unit ("RSU") represents a contingent right to receive one share of Class A common stock of Arlington Asset Investment Corp. (the "Company").

F3 · derivative.exercise_date: Represents annual grant of RSUs pursuant to the Company's 2014 Long-Term Incentive Plan (the "2014 Plan") in connection with the reporting person's service as a non-employee director of the Company. The RSUs vest immediately on the award grant date. Vested RSUs are converted into shares of Class A common stock on a one-for-one basis, with any fractional shares being settled in cash, upon the later of the reporting person's separation from service on the board of directors or the first anniversary of the grant date (the "Settlement Date"). If a change in control occurs before the Settlement Date, the settlement will occur on the control change date. The reporting person does not have voting rights with respect to, but receives dividend equivalent payments on, outstanding RSUs.

F3 · derivative.expiration_date: Represents annual grant of RSUs pursuant to the Company's 2014 Long-Term Incentive Plan (the "2014 Plan") in connection with the reporting person's service as a non-employee director of the Company. The RSUs vest immediately on the award grant date. Vested RSUs are converted into shares of Class A common stock on a one-for-one basis, with any fractional shares being settled in cash, upon the later of the reporting person's separation from service on the board of directors or the first anniversary of the grant date (the "Settlement Date"). If a change in control occurs before the Settlement Date, the settlement will occur on the control change date. The reporting person does not have voting rights with respect to, but receives dividend equivalent payments on, outstanding RSUs.

SEC source: 0000764065-20-000176 · wf-form4_158777394458013.xml · nonDerivative · entry 1

MICHAEL RALPH S III · CIK 0001174250 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 130,597

F1 · shares: Reflects the number of restricted shares granted to the Reporting Person as the 2020 Director Restricted Shares pursuant to the Amended and Restated 2014 Nonemployee Directors' Compensation Plan.

SEC source: 0000918160-20-000041 · wf-form4_158413568551762.xml · nonDerivative · entry 1

MICHAEL RALPH S III · CIK 0001174250 · Director · Chairman of the Board

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

F1 · kind: Reflects disposition in connection with the consummation of the transactions contemplated by the Agreement and Plan of Merger, dated December 2, 2019 (the "Merger Agreement"), among the Issuer, Cleveland-Cliffs Inc. ("Cliffs") and Pepper Merger Sub Inc. ("Merger Sub"), pursuant to which Merger Sub merged with and into the Issuer (the "Merger"), with the Issuer surviving the Merger as a wholly owned subsidiary of Cliffs, and each share of the Issuer's common stock, par value $0.01 per share (the "Common Stock"), outstanding immediately prior to the effective time of the Merger was converted into the right to receive 0.400 (the "Exchange Ratio") of a common share of Cliffs, together with cash in lieu of any fractional Cliffs common shares. The closing price of a share of Common Stock on March 12, 2020 (the last trading day prior to the Merger) was $1.55, and the closing price of a Cliffs common share on the same date was $4.06.

F2 · shares: Includes 46,376.914 restricted stock units that, pursuant to the Merger Agreement, were converted into restricted stock units with respect to 18,550 Cliffs common shares.

F1 · price: Reflects disposition in connection with the consummation of the transactions contemplated by the Agreement and Plan of Merger, dated December 2, 2019 (the "Merger Agreement"), among the Issuer, Cleveland-Cliffs Inc. ("Cliffs") and Pepper Merger Sub Inc. ("Merger Sub"), pursuant to which Merger Sub merged with and into the Issuer (the "Merger"), with the Issuer surviving the Merger as a wholly owned subsidiary of Cliffs, and each share of the Issuer's common stock, par value $0.01 per share (the "Common Stock"), outstanding immediately prior to the effective time of the Merger was converted into the right to receive 0.400 (the "Exchange Ratio") of a common share of Cliffs, together with cash in lieu of any fractional Cliffs common shares. The closing price of a share of Common Stock on March 12, 2020 (the last trading day prior to the Merger) was $1.55, and the closing price of a Cliffs common share on the same date was $4.06.

SEC source: 0000764065-20-000120 · wf-form4_158448952517882.xml · nonDerivative · entry 2

MICHAEL RALPH S III · CIK 0001174250 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 103,200

F3 · shares: Reflects the number of pro-rata restricted shares granted to the Reporting Person as director compensation pursuant to the Issuer's Amended and Restated 2014 Nonemployee Directors' Compensation Plan.

SEC source: 0000764065-20-000120 · wf-form4_158448952517882.xml · nonDerivative · entry 1

MICHAEL RALPH S III · CIK 0001174250 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 100,788

F1 · shares: Pursuant to the Agreement and Plan of Merger among AK Steel Holding Corporation ("AK Steel"), the Issuer, and Pepper Merger Sub Inc. ("Merger Sub"), dated as of December 2, 2019 (the "Merger Agreement"), on March 13, 2020, Merger Sub merged with and into AK Steel, and AK Steel survived as a direct subsidiary of the Issuer (the "Merger"). In the Merger, each share of common stock, par value $0.01 per share, of AK Steel ("AK Steel Common Stock") held by the Reporting Person was converted into the right to receive 0.400 Common Shares, par value $0.125 per share, of the Issuer (plus any cash in lieu of fractional shares).

F2 · shares: Additionally, in the Merger, each AK Steel restricted stock unit ("AK Steel RSU") held by the Reporting Person was converted into a restricted stock unit relating to a number of whole Issuer Common Shares equal to (A) the number of shares of AK Steel Common Stock subject to such AK Steel RSU immediately prior to the effective time of the Merger multiplied by (B) 0.400.

F1 · price: Pursuant to the Agreement and Plan of Merger among AK Steel Holding Corporation ("AK Steel"), the Issuer, and Pepper Merger Sub Inc. ("Merger Sub"), dated as of December 2, 2019 (the "Merger Agreement"), on March 13, 2020, Merger Sub merged with and into AK Steel, and AK Steel survived as a direct subsidiary of the Issuer (the "Merger"). In the Merger, each share of common stock, par value $0.01 per share, of AK Steel ("AK Steel Common Stock") held by the Reporting Person was converted into the right to receive 0.400 Common Shares, par value $0.125 per share, of the Issuer (plus any cash in lieu of fractional shares).

F2 · price: Additionally, in the Merger, each AK Steel restricted stock unit ("AK Steel RSU") held by the Reporting Person was converted into a restricted stock unit relating to a number of whole Issuer Common Shares equal to (A) the number of shares of AK Steel Common Stock subject to such AK Steel RSU immediately prior to the effective time of the Merger multiplied by (B) 0.400.

SEC source: 0000918160-20-000007 · wf-form4_157808989680214.xml · nonDerivative · entry 1

MICHAEL RALPH S III · CIK 0001174250 · Director · Chairman of the Board

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 251,972.914

F1 · shares: The securities reported in this column consist of restricted stock units which give the reporting person a contractual right to receive at a future date one share of common stock of AK Steel Holding Corporation for each restricted stock unit held.

F2 · balance_after: The number of securities reported in this column includes 46,376.914 restricted stock units held by the reporting person as of the date of this filing.

SEC source: 0000918160-19-000105 · wf-form4_157005120792838.xml · nonDerivative · entry 1

MICHAEL RALPH S III · CIK 0001174250 · Director · Chairman of the Board

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 242,326.796

F1 · shares: The securities reported in this column consist of restricted stock units which give the reporting person a contractual right to receive at a future date one share of common stock of AK Steel Holding Corporation for each restricted stock unit held.

F2 · balance_after: The number of securities reported in this column includes 49,745.796 restricted stock units held by the reporting person as of the date of this filing.

SEC source: 0000918160-19-000078 · wf-form4_156210286299377.xml · nonDerivative · entry 1

MICHAEL RALPH S III · CIK 0001174250 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 228,874.52

F1 · shares: The securities reported in this column consist of restricted stock units which give the reporting person a contractual right to receive at a future date one share of common stock of AK Steel Holding Corporation for each restricted stock unit held.

F2 · balance_after: The number of securities reported in this column includes 42,530.520 restricted stock units held by the reporting person as of the date of this filing.

SEC source: 0000899243-19-016385 · doc4.xml · derivative · entry 2

MICHAEL RALPH S III · CIK 0001174250 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 68,009

Underlying: Class A Common Stock · 11,594 shares

Expires not disclosed

F2 · derivative.exercise_price: Each restricted stock unit ("RSU") represents a contingent right to receive one share of Class A common stock of Arlington Asset Investment Corp. (the "Company").

F3 · derivative.exercise_date: Represents annual grant of RSUs pursuant to the Company's 2014 Long-Term Incentive Plan (the "2014 Plan") in connection with the reporting person's service as a non-employee director of the Company. The RSUs vest immediately on the award grant date. Vested RSUs are converted into shares of Class A common stock on a one-for-one basis, with any fractional shares being settled in cash, upon the later of the reporting person's separation from service on the board of directors or the first anniversary of the grant date (the "Settlement Date"). If a change in control occurs before the Settlement Date, the settlement will occur on the control change date.

F3 · derivative.expiration_date: Represents annual grant of RSUs pursuant to the Company's 2014 Long-Term Incentive Plan (the "2014 Plan") in connection with the reporting person's service as a non-employee director of the Company. The RSUs vest immediately on the award grant date. Vested RSUs are converted into shares of Class A common stock on a one-for-one basis, with any fractional shares being settled in cash, upon the later of the reporting person's separation from service on the board of directors or the first anniversary of the grant date (the "Settlement Date"). If a change in control occurs before the Settlement Date, the settlement will occur on the control change date.

SEC source: 0000918160-19-000048 · wf-form4_155424054300054.xml · nonDerivative · entry 1

MICHAEL RALPH S III · CIK 0001174250 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 216,216.329

F1 · shares: The securities reported in this column consist of restricted stock units which give the reporting person a contractual right to receive at a future date one share of common stock of AK Steel Holding Corporation for each restricted stock unit held.

F2 · balance_after: The number of securities reported in this column includes 36,466.329 restricted stock units held by the reporting person as of the date of this filing.

SEC source: 0000918160-19-000007 · wf-form4_154655505753575.xml · nonDerivative · entry 1

MICHAEL RALPH S III · CIK 0001174250 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 205,596.658

F1 · shares: The securities reported in this column consist of restricted stock units which give the reporting person a contractual right to receive at a future date one share of common stock of AK Steel Holding Corporation for each restricted stock unit held.

F2 · balance_after: The number of securities reported in this column includes 32,228.658 restricted stock units held by the reporting person as of the date of this filing.

SEC source: 0000918160-18-000147 · wf-form4_153860063451051.xml · nonDerivative · entry 1

MICHAEL RALPH S III · CIK 0001174250 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 192,581.137

F1 · shares: The securities reported in this column consist of restricted stock units which give the reporting person a contractual right to receive at a future date one share of common stock of AK Steel Holding Corporation for each restricted stock unit held.

F2 · balance_after: The number of securities reported in this column includes 24,009.137 restricted stock units held by the reporting person as of the date of this filing.

SEC source: 0000918160-18-000133 · wf-form4_153324384243158.xml · nonDerivative · entry 1

MICHAEL RALPH S III · CIK 0001174250 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 186,526.91

F1 · shares: The securities reported in this column consist of restricted stock units which give the reporting person a contractual right to receive at a future date one share of common stock of AK Steel Holding Corporation for each restricted stock unit held.

F2 · balance_after: The number of securities reported in this column includes 22,559.910 restricted stock units held by the reporting person as of the date of this filing.

SEC source: 0000918160-18-000114 · wf-form4_153082570772453.xml · nonDerivative · entry 1

MICHAEL RALPH S III · CIK 0001174250 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 186,343.761

F1 · shares: The securities reported in this column consist of restricted stock units which give the reporting person a contractual right to receive at a future date one share of common stock of AK Steel Holding Corporation for each restricted stock unit held.

F2 · balance_after: The number of securities reported in this column includes 22,376.761 restricted stock units held by the reporting person as of the date of this filing.

SEC source: 0000899243-18-017000 · doc4.xml · derivative · entry 2

MICHAEL RALPH S III · CIK 0001174250 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 56,415

Underlying: Class A Common Stock · 7,067 shares

Expires not disclosed

F2 · derivative.exercise_price: Each restricted stock unit ("RSU") represents a contingent right to receive one share of Class A common stock of Arlington Asset Investment Corp. (the "Company").

F3 · derivative.exercise_date: Represents annual grant of RSUs pursuant to the Company's 2014 Long-Term Incentive Plan (the "2014 Plan") in connection with the reporting person's service as a non-employee director of the Company. The RSUs vest immediately on the award grant date. Vested RSUs are converted into shares of Class A common stock on a one-for-one basis, with any fractional shares being settled in cash, upon the later of the reporting person's separation from service on the board of directors or the first anniversary of the grant date (the "Settlement Date"). If a change in control occurs before the Settlement Date, the settlement will occur on the control change date. The reporting person does not have voting rights with respect to, but receives dividend equivalent payments on, outstanding RSUs.

F3 · derivative.expiration_date: Represents annual grant of RSUs pursuant to the Company's 2014 Long-Term Incentive Plan (the "2014 Plan") in connection with the reporting person's service as a non-employee director of the Company. The RSUs vest immediately on the award grant date. Vested RSUs are converted into shares of Class A common stock on a one-for-one basis, with any fractional shares being settled in cash, upon the later of the reporting person's separation from service on the board of directors or the first anniversary of the grant date (the "Settlement Date"). If a change in control occurs before the Settlement Date, the settlement will occur on the control change date. The reporting person does not have voting rights with respect to, but receives dividend equivalent payments on, outstanding RSUs.

SEC source: 0000918160-18-000076 · wf-form4_152287740429073.xml · nonDerivative · entry 1

MICHAEL RALPH S III · CIK 0001174250 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 179,749.887

F1 · shares: The securities reported in this column consist of restricted stock units which give the reporting person a contractual right to receive at a future date one share of common stock of AK Steel Holding Corporation for each restricted stock unit held.

F2 · balance_after: The number of securities reported in this column includes 19,811.887 restricted stock units held by the reporting person as of the date of this filing.

SEC source: 0000918160-18-000007 · wf-form4_151510836679506.xml · nonDerivative · entry 1

MICHAEL RALPH S III · CIK 0001174250 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 173,367.626

F1 · shares: The securities reported in this column consist of restricted stock units which give the reporting person a contractual right to receive at a future date one share of common stock of AK Steel Holding Corporation for each restricted stock unit held.

F2 · balance_after: The number of securities reported in this column includes 17,088.626 restricted stock units held by the reporting person as of the date of this filing.

SEC source: 0000899243-17-024947 · doc4.xml · nonDerivative · entry 1

MICHAEL RALPH S III · CIK 0001174250 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 7,325

SEC source: 0000918160-17-000160 · wf-form4_150715085002005.xml · nonDerivative · entry 1

MICHAEL RALPH S III · CIK 0001174250 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 168,571.936

F1 · shares: The securities reported in this column consist of restricted stock units which give the reporting person a contractual right to receive at a future date one share of common stock of AK Steel Holding Corporation for each restricted stock unit held.

F2 · balance_after: The number of securities reported in this column includes 14,779.936 restricted stock units held by the reporting person as of the date of this filing.

SEC source: 0000918160-17-000134 · wf-form4_149937543822138.xml · nonDerivative · entry 1

MICHAEL RALPH S III · CIK 0001174250 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 163,966.817

F1 · shares: The securities reported in this column consist of restricted stock units which give the reporting person a contractual right to receive at a future date one share of common stock of AK Steel Holding Corporation for each restricted stock unit held.

F2 · balance_after: The number of securities reported in this column includes 15,564.817 restricted stock units held by the reporting person as of the date of this filing.

SEC source: 0000899243-17-015945 · doc4.xml · derivative · entry 2

MICHAEL RALPH S III · CIK 0001174250 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 49,348

Underlying: Class A Common Stock · 5,590 shares

Expires not disclosed

F2 · derivative.exercise_price: Each restricted stock unit ("RSU") represents a contingent right to receive one share of Class A common stock of Arlington Asset Investment Corp. (the "Company").

F3 · derivative.exercise_date: Represents annual grant of RSUs pursuant to the Company's 2014 Long-Term Incentive Plan (the "2014 Plan") in connection with the reporting person's service as a non-employee director of the Company. The RSUs vest immediately on the award grant date. Vested RSUs are converted into shares of Class A common stock on a one-for-one basis, with any fractional shares being settled in cash, upon the later of the reporting person's separation from service on the board of directors or the first anniversary of the grant date (the "Settlement Date"). If a change in control occurs before the Settlement Date, the settlement will occur on the control change date. The reporting person does not have voting rights with respect to, but receives dividend equivalent payments on, outstanding RSUs.

F3 · derivative.expiration_date: Represents annual grant of RSUs pursuant to the Company's 2014 Long-Term Incentive Plan (the "2014 Plan") in connection with the reporting person's service as a non-employee director of the Company. The RSUs vest immediately on the award grant date. Vested RSUs are converted into shares of Class A common stock on a one-for-one basis, with any fractional shares being settled in cash, upon the later of the reporting person's separation from service on the board of directors or the first anniversary of the grant date (the "Settlement Date"). If a change in control occurs before the Settlement Date, the settlement will occur on the control change date. The reporting person does not have voting rights with respect to, but receives dividend equivalent payments on, outstanding RSUs.

SEC source: 0000918160-17-000091 · wf-form4_149142864904925.xml · nonDerivative · entry 1

MICHAEL RALPH S III · CIK 0001174250 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 159,937.36

F1 · shares: The securities reported in this column consist of restricted stock units which give the reporting person a contractual right to receive at a future date one share of common stock of AK Steel Holding Corporation for each restricted stock unit held.

F2 · balance_after: The number of securities reported in this column includes 17,050.360 restricted stock units held by the reporting person as of the date of this filing.

SEC source: 0000918160-17-000010 · wf-form4_148365240750526.xml · nonDerivative · entry 1

MICHAEL RALPH S III · CIK 0001174250 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 156,278.924

F1 · shares: The securities reported in this column consist of restricted stock units which give the reporting person a contractual right to receive at a future date one share of common stock of AK Steel Holding Corporation for each restricted stock unit held.

F2 · balance_after: The number of securities reported in this column includes 19,770.924 restricted stock units held by the reporting person as of the date of this filing.

SEC source: 0000918160-16-000125 · wf-form4_147569910314134.xml · nonDerivative · entry 1

MICHAEL RALPH S III · CIK 0001174250 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 153,791.618

F1 · shares: The securities reported in this column consist of restricted stock units which give the reporting person a contractual right to receive at a future date one share of common stock of AK Steel Holding Corporation for each restricted stock unit held.

F2 · balance_after: The number of securities reported in this column includes 28,950.618 restricted stock units held by the reporting person as of the date of this filing.