UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES 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(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | SEC 1473 (7-02) | ||
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. |
1. Title of Derivative Security (Instr. 4) |
2. Date Exercisable and Expiration Date (Month/Day/Year) |
3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) |
4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5) |
6. Nature of Indirect Beneficial Ownership (Instr. 5) |
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Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
Stock Options (right to buy) | 04/30/2008(2) | 04/30/2017 | Common Stock | 35,000 | $ 15.25 | D | Â |
Stock Options (right to buy) | 04/30/2008(3) | 04/30/2017 | Common Stock | 10,019 | $ 15.25 | D | Â |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
WALL JOHN T 1001 19TH STREET NORTH ARLINGTON, VA 22209 |
 X |  X |  |  |
/s/ Richard Nash, as Attorney-in-Fact | 06/07/2007 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 5(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | Because the reporting person serves as a director of Friedman, Billings, Ramsey Group, Inc., the sole shareholder of FBR TRS Holdings, Inc., the reporting person could be deemed to have beneficial ownership of 46,000,000 shares of common stock owned of record by FBR TRS Holdings, Inc. The reporting person disclaims beneficial ownership of such shares in which the individual does not have a pecuniary interest. |
(2) | On April 30, 2007, the reporting person was granted options to purchase 35,000 shares of common stock in accordance with the FBR Capital Markets Corporation 2006 Long -Term Incentive Plan (the "2006 Plan"). The options vest in three equal annual installments beginning on April 30, 2008. |
(3) | On April 30,2007, the reporting person was granted options to purchase 10,019 shares of common stock in accordance with the 2006 Plan. The options vest in full on April 30,2008. |
 Remarks: Exhibit List Exhibit 99 - Power of Attorney |