Jeffrey B. Pyatt - 06 Aug 2021 Form 4 Insider Report for Broadmark Realty Capital Inc.

Role
Director
Signature
/s/ Nevin Boparai, as Attorney-in-Fact for Jeffrey B. Pyatt
Issuer symbol
N/A
Transactions as of
06 Aug 2021
Net transactions value
-$35,794
Form type
4
Filing time
13 Jun 2022, 17:22:31 UTC
Previous filing
15 Jul 2021
Next filing
16 Aug 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BRMK Common Stock Tax liability $35,794 -3,380 -2% $10.59 163,298 06 Aug 2021 Direct F1
transaction BRMK Common Stock Award $0 +27,473 +17% $0.000000 190,771 09 Jun 2022 Direct F2
holding BRMK Common Stock 2,487,623 06 Aug 2021 Pyatt Lending Company, LLC F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares withheld for payment of the tax liability associated with the vesting of 13,891 restricted stock units on August 6, 2021.
F2 Represents a grant of 27,473 restricted stock units ("RSUs") that will vest on the earlier to occur of (1) the one year anniversary of the date of the grant and (2) the election of directors at the first annual meeting of the Issuer's stockholders occurring after the date of the grant, with vesting accelerated in the event of death or disability or termination of service in connection with or within twenty-four (24) months following a change in control. Each RSU represents the right to receive one share of the Issuer's common stock upon vesting.
F3 Mr. Pyatt and his spouse are considered beneficial owners of the shares of common stock of the Issuer held by Pyatt Lending Company, LLC, as they share voting and dispositive power over such shares.

Remarks:

EXHIBIT LIST - Exhibit 24 - Power of Attorney for Jeffrey Pyatt