Derrick D. Cephas - 01 Jun 2023 Form 4 Insider Report for Claros Mortgage Trust, Inc. (CMTG)

Reporting relationship: Director
Issuer ticker: CMTG
Reported as of: 01 Jun 2023
Net transaction value: $0
SEC form: 4
Accepted by SEC: 05 Jun 2023, 17:47:52 UTC
Prior SEC filing: 03 Jun 2022
Next SEC filing: 01 Aug 2023
Source filing: View source filing
Reporting owner signature: /s/ Jeffrey D. Siegel, Attorney-in-Fact for Derrick D. Cephas

Key filing fact

Derrick D. Cephas filed Form 4 for Claros Mortgage Trust, Inc. (CMTG) on 05 Jun 2023.

Key facts

This page summarizes Derrick D. Cephas's Form 4 filing for Claros Mortgage Trust, Inc. (CMTG).
1 reported transaction and 1 derivative row are listed below.
Accepted by SEC: 05 Jun 2023, 17:47.

Change

Previous filing in this sequence was filed on 03 Jun 2022.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

CMTG transaction Derivative

DEFERRED STOCK UNITS

Award

Transaction value: $0
Shares: +9,756
Change %
Price: $0.000000
Shares after: 9,756
Date: 01 Jun 2023
Ownership: Direct
Underlying class: COMMON STOCK
Underlying amount: 9,756
Exercise price
Footnotes: F1

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 1 footnote

Footnote F1

Represents annual director grant of restricted stock units, which have been deferred by the Reporting Person under the Issuer's Deferred Compensation Plan ("DCP") and thus are reported as Deferred Stock Units ("DSUs"). The DSUs vest on the earlier to occur of (i) the first anniversary of the grant date and (ii) the date of the next annual meeting following the grant date, subject to continued service with the Company through such date. The Vested DSUs convert into shares of Common Stock on a one-for-one basis, or at the election of the Issuer into cash, following the deferral period as defined in the DCP. The DSUs have no expiration date.