Transaction Details

Footnotes

Represents shares of common stock received by the reporting person in connection with the vesting of performance share units previously granted to the reporting person under the Plan. | The reporting person sold the shares to satisfy income tax liabilities incurred as a result of the vesting of restricted stock units and performance share units previously granted to the reporting person. The sale reported on this Form 4 was effected pursuant to trading instructions given by the reporting person on February 17, 2021 in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934. | The price reported in Column 4 is a weighted average price paid. These shares were purchased in multiple transactions at prices ranging from $12.23 to $12.30, inclusive. The reporting person undertakes to provide to Two Harbors Investment Corp., any security holder of Two Harbors Investment Corp., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this footnote.