Richard Mack - Aug 4, 2023 Form 4 Insider Report for Claros Mortgage Trust, Inc. (CMTG)

Role: CEO AND CHAIRMAN, Director
Signature: /s/ Jeffrey D. Siegel, Attorney-in-Fact for Richard Mack
Stock symbol: CMTG
Transactions as of: Aug 4, 2023
Transactions value $: -$1,523,313
Form type: 4
Date filed: 8/8/2023, 07:54 PM
Previous filing: Jul 31, 2023
Next filing: Mar 27, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CMTG	COMMON STOCK	Options Exercise	$0	+255K	+12.33%	$0.00	2.32M	Aug 4, 2023	Direct	F1, F2
transaction	CMTG	COMMON STOCK	Disposed to Issuer	-$1.52M	-141K	-6.07%	$10.81	2.18M	Aug 4, 2023	Direct	F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	CMTG	RESTRICTED STOCK UNITS	Options Exercise		-255K	-100%		0	Aug 4, 2023	COMMON STOCK	0		Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents first vesting tranche of restricted stock units ("RSUs") granted on June 14, 2022, which vest with respect to 1/3rd of the RSUs subject thereto on each of the 1st through 3rd anniversaries of July 1, 2022, subject to continued employment or service as provided in the award agreement. The RSUs have no expiration date.
F2	Reflects change in beneficial ownership from indirect to direct holdings pursuant to a distribution of 140,771 common stock shares by Mack CMTG Holdings Member, LLC to Reporting Person.
F3	Represents cash settlement of RSUs in order to satisfy tax obligations.