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
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(Print or Type Responses)
1. Name and Address of Reporting Person *
PICKUP RICHARD H/
   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)
19500 JAMBOREE ROAD		 3. Date of Earliest Transaction (Month/Day/Year)
06/23/2011
(Street)

IRVINE, CA 92612		 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 06/23/2011   P   989 A $ 2.81 38,216 D  
Common Stock 06/24/2011   P   27,784 A $ 2.73 66,000 D  
Common Stock 06/27/2011   P   765 A $ 2.87 66,765 D  
Common Stock 06/28/2011   P   3,235 A $ 2.86 70,000 D  
Common Stock 10/12/2011   P   2,500 A $ 1.8 72,500 D  
Common Stock 04/10/2012   P   14,772 A $ 2.4 514,772 I See footnote (1)
Common Stock 05/01/2012   P   34,133 A $ 2.3 548,905 I See footnote (1)
Common Stock 05/02/2012   P   291 A $ 2.33 549,196 I See footnote (1)
Common Stock 05/03/2012   P   804 A $ 2.39 550,000 I See footnote (1)
Common Stock 06/25/2012   P   1,285 A $ 2.02 73,785 D  
Common Stock 06/26/2012   P   1,257 A $ 2.02 75,042 D  
Common Stock 06/29/2012   P   500 A $ 2.03 75,542 D  
Common Stock 07/02/2012   P   500 A $ 2.03 76,042 D  
Common Stock 07/03/2012   P   3,300 A $ 2.12 79,342 D  
Common Stock 07/05/2012   P   2,660 A $ 2.12 82,002 D  
Common Stock 07/06/2012   P   184 A $ 2.15 82,186 D  
Common Stock 07/09/2012   P   5,814 A $ 2.16 88,000 D  
Common Stock 07/09/2012   P   2,836 A $ 2.16 90,836 D  
Common Stock 07/13/2012   P   9,164 A $ 2.16 100,000 D  
Common Stock 07/24/2012   P   3,000 A $ 2.06 128,100 I See footnote (2)
Common Stock 07/30/2012   P   1,920 A $ 2.06 130,020 I See footnotes (2) (3)

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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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

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
PICKUP RICHARD H/
19500 JAMBOREE ROAD
IRVINE, CA 92612		     X    

Signatures

 /s/ Richard H. Pickup   10/03/2012
**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 were purchased by RHP Trust, over which Reporting Person exercises sole voting and investment power, and the number of shares reflected in column 5 represents the aggregate number of shares of common stock owned directly by RHP Trust upon execution of this purchase transaction.
(2) The shares of common stock were purchased by Dito Devcar LP, over which Reporting Person shares voting and investment power, and the number of shares reflected in column 5 represents the aggregate number of shares of common stock owned directly by Dito Devcar LP upon execution of this purchase transaction.
(3) As of July 30, 2012, Reporting Person is deemed to have beneficially owned an aggregate of 900,020 shares of the common stock, consisting of (a) 100,000 shares owned directly, and (b) an aggregate of 800,020 shares owned indirectly, consisting of (i) 550,000 shares owned directly by RHP Trust, (ii) 130,020 shares owned directly by Dito Devcar LP, and (iii) 120,00 shares owned directly by Dito Caree LP (over which Reporting Person shares voting and investment power).
 
Remarks:
This is a late filing; pursuant to the General Instructions of Form 4, a Form 4 relating to each purchase set forth above should have been filed within two business days after each such purchase.

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

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