Insider Trades - ASHMORE WILLIAM

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ASHMORE WILLIAM: Declared Holdings
Company/Relationship	Reported	Shares	Ownership
Impac Mortgage Holdings, Inc. C Officer AMEX:IMH (historical quotes, profile, other insiders)	7-Dec-12 7-Dec-12	0 157,967 157,967	Direct Indirect Total

Insider & restricted shareholder transactions reported over the last two years
Date Shares Stock Transaction
7-Dec-12 16,000 IMH Option Exercise at $2.73 per share.
(Cost of $43,680)
7-Dec-12 *20,000 IMH Sale at $14.82 per share.
(Proceeds of $296,400)
7-Dec-12 16,000 IMH Sale at $14.82 per share.
(Proceeds of $237,120)
6-Nov-12 *216,000 IMH Option Exercise at $0.53 - $2.73 per share.
6-Nov-12 *46,000 IMH Sale at $14.09 per share.
(Proceeds of $648,140)

* Indicates that some (or all) shares are held indirectly (e.g. in a trust, by a spouse, etc.)

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Insider & restricted shareholder transactions reported over the last two years
Date	Shares	Stock	Transaction
7-Dec-12	16,000	IMH	Option Exercise at $2.73 per share. (Cost of $43,680)
7-Dec-12	*20,000	IMH	Sale at $14.82 per share. (Proceeds of $296,400)
7-Dec-12	16,000	IMH	Sale at $14.82 per share. (Proceeds of $237,120)
6-Nov-12	*216,000	IMH	Option Exercise at $0.53 - $2.73 per share.
6-Nov-12	*46,000	IMH	Sale at $14.09 per share. (Proceeds of $648,140)