FORM 4 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response...
0.5                       
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Johnson Sean O.
2. Issuer Name and Ticker or Trading Symbol

Western Asset Mortgage Capital Corp [ WMC ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                    _____ 10% Owner
__X__ Officer (give title below)    _____ Other (specify below)
Deputy CIO
(Last)          (First)          (Middle)

C/O WESTERN ASSET MANAGEMENT, 385 E COLORADO BLVD
3. Date of Earliest Transaction (MM/DD/YYYY)

5/14/2020
(Street)

PASADENA, CA 91101
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock, par value $0.01 per share 5/14/2020  J(1)  4000 A$2.20 11097 D  

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares

Explanation of Responses:
(1) Restricted shares awarded pursuant to bonus plan of the external manager of the issuer. The shares will vest in one-quarter increments on each of April 30, 2021, 2022, 2023 and 2024 subject to the Reporting Person's continued employment by the manager on the applicable vesting date.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
Johnson Sean O.
C/O WESTERN ASSET MANAGEMENT
385 E COLORADO BLVD
PASADENA, CA 91101


Deputy CIO

Signatures
/s/ Adam C.E. Wright, by Power of Attorney5/14/2020
**Signature of Reporting PersonDate

Western Asset Mortgage C... (NYSE:WMC)
Historical Stock Chart
From Oct 2024 to Nov 2024 Click Here for more Western Asset Mortgage C... Charts.
Western Asset Mortgage C... (NYSE:WMC)
Historical Stock Chart
From Nov 2023 to Nov 2024 Click Here for more Western Asset Mortgage C... Charts.