Ownership Submission
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

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
OMB APPROVAL
OMB Number: 3235-0287
Expires: January 31, 2005
Estimated average burden hours per response... 0.5

(Print or Type Responses)
1. Name and Address of Reporting Person *
Pickup Todd M
   2. Issuer Name and Ticker or Trading Symbol
IMPAC MORTGAGE HOLDINGS INC [IMH] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director __X__ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last)
(First)
(Middle)
1600 E. COAST HIGHWAY		 3. Date of Earliest Transaction (Month/Day/Year)
08/26/2015
(Street)

NEWPORT, CA 92660		 4. If Amendment, Date Original Filed(Month/Day/Year)
 6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)		 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction 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 08/26/2015   P   1,110 A $ 15.91 76,110 D  
Common Stock 08/26/2015   P   1,500 A $ 15.79 77,610 D  
Common Stock 08/26/2015   P   600 A $ 15.899 78,210 D  
Common Stock 08/26/2015   P   2,700 A $ 15.899 80,910 D  
Common Stock 08/26/2015   P   100 A $ 15.897 81,010 D  
Common Stock 08/26/2015   P   100 A $ 15.89 81,110 D  
Common Stock 08/26/2015   P   2,500 A $ 15.8999 83,610 D  
Common Stock 08/26/2015   P   200 A $ 15.8999 83,810 D  
Common Stock 08/27/2015   P   4,800 A $ 15.7999 88,610 D  
Common Stock 08/27/2015   P   464 A $ 15.8 89,074 D  
Common Stock 08/27/2015   P   100 A $ 15.79 89,174 D  
Common Stock 08/27/2015   P   2,436 A $ 15.95 91,610 D  
Common Stock 08/27/2015   P   2,000 A $ 15.85 93,610 D  
Common Stock 08/27/2015   P   1,200 A $ 15.8 94,810 D  
Common Stock 08/27/2015   P   1,300 A $ 15.8 96,110 D  
Common Stock 08/27/2015   P   100 A $ 15.75 96,210 D  
Common Stock 08/27/2015   P   471 A $ 15.75 96,681 D  
Common Stock 08/27/2015   P   1,929 A $ 15.7985 98,610 D  
Common Stock               100,000 I See footnote. (1)
Common Stock               275,000 I See footnote. (2)
Common Stock               300,000 I See footnote. (3)
Common Stock               100,000 I See footnote. (4)
Common Stock               5,000 I See footnote. (5)

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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. SEC 1474 (9-02)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)		 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)		 5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)		 6. Date Exercisable and Expiration Date
(Month/Day/Year)		 7. Title and Amount of Underlying Securities
(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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Convertible Promissory Note Due 2018 $ 10.875 (6)             04/30/2013(6) 04/30/2018(6) Common Stock 898,851 (6)   $ 9,775,000 (6) I See footnotes. (6) (8) (9)
Convertible Promissory Note Due 2020 $ 21.5 (7)             01/02/2016(7) 05/09/2020(7) Common Stock 465,117 (7)   $ 10,000,000 (7) I See footnotes. (7) (8) (9)

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
Pickup Todd M
1600 E. COAST HIGHWAY
NEWPORT, CA 92660		     X    

Signatures

 /s/ TODD M. PICKUP   08/31/2015
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(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) The shares of common stock are held directly by Pickup Living Trust, over which shares Reporting Person exercises sole voting and investment power.
(2) The shares of common stock are held directly by Pickup Grandchildren's Trust, over which shares Reporting Person exercises sole voting and investment power.
(3) The shares of common stock are held directly by Vintage Trust II, dated July 19, 2007 (the "Trust"), over which shares Reporting Person exercises sole voting and investment power. (The purchase by Vintage Trust, dated October 28, 1993, of 2,719 shares of the common stock on June 29, 2015 at a price of $18.50 per share was erroneously attributed to the Trust in Reporting Person's form 4 filed on that date.)
(4) The shares of common stock are held directly by Plus Four Equity Partners, L.P., over which shares Reporting Person shares voting and investment power.
(5) The shares of common stock are held directly by Vintage Trust, dated October 28, 1993, over which shares Reporting Person shares voting and investment power. (The purchase by Vintage Trust, dated October 28, 1993, of 2,719 shares of the common stock on June 29, 2015 at a price of $18.50 per share was erroneously attributed to the Trust in Reporting Person's form 4 filed on that date.)
(6) As previously reported on a Form 3 filed by the Trust on May 8, 2013, on April 30, 2013, the Trust purchased a Convertible Promissory Note Due 2018 in the original principal amount of $9,775,000 that is convertible by the Trust immediately upon receipt and, upon conversion of the original principal amount prior to maturity at the initial conversion price of $10.875 per share (subject to adjustment in the event of stock splits, stock dividends and reclassifications), the Trust will receive 898,851 shares of common stock (subject to adjustment in the event of stock splits, stock dividends and reclassifications). The Convertible Promissory Note Due 2018 is due and payable, to the extent not converted, on or before April 30, 2018. Reporting Person exercises sole voting and investment power over these securities.
(7) As previously reported on a Form 4 filed by Reporting Person on May 11, 2015, on May 8, 2015, the Trust purchased a Convertible Promissory Note Due 2020 in the original principal amount of $10,000,000 that is convertible by the Trust at any time after January 1, 2016, and, upon conversion of the original principal amount prior to maturity at the initial conversion price of $21.50 per share (subject to adjustment in the event of stock splits, stock dividends and reclassifications), the Trust will receive 465,117 shares of common stock (subject to adjustment in the event of stock splits, stock dividends and reclassifications). The Convertible Promissory Note Due 2020 note is due and payable, to the extent not converted, on or before May 9, 2020.
(8) As of August 27, 2015, Reporting Person may be deemed to beneficially own an aggregate of 2,242,578 shares of the common stock, consisting of (a) 98,610 shares owned directly, and (b) an aggregate of 2,143,968 shares owned indirectly, consisting of (i) 898,851 shares that the Trust may acquire at any time upon conversion (at the initial conversion price of $10.875 per share) of the outstanding principal balance of a Convertible Promissory Note Due 2018 owned directly by the Trust, (ii) 465,117 shares that the Trust may acquire at any time after January 1, 2016 upon conversion (at the initial conversion price of $21.50 per share) of the outstanding principal balance of a Convertible Promissory Note Due 2020 owned directly by the Trust, (iii) 275,000 shares owned directly by Pickup Grandchildren's Trust (over which shares Reporting Person exercises sole voting and investment power), (Continued in footnote 9)
(9) (iv) 100,000 shares owned directly by Pickup Living Trust (over which shares Reporting Person exercises sole voting and investment power), (v) 300,000 shares owned directly by the Trust (over which shares Reporting Person exercises sole voting and investment power), (vi) 100,000 shares owned directly by Plus Four Equity Partners, L.P. (over which shares Reporting Person shares voting and investment power), and (vii) 5,000 shares owned directly by Vintage Trust, dated October 28, 1993 (over which shares Reporting Person shares voting and investment power).
 
Remarks:
This is a late filing with respect to the transactions reported in Table I dated August 26, 2015; pursuant to the General Instructions of Form 4, a Form 4 relating to each such transaction should have been filed within two business days following the date of such transaction.

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.