Steven Leonard Richman - Jul 3, 2023 Form 4 Insider Report for Claros Mortgage Trust, Inc. (CMTG)

Role: Director
Signature: /s/ Jeffrey D. Siegel, Attorney-in-Fact for Steven Leonard Richman
Stock symbol: CMTG
Transactions as of: Jul 3, 2023
Transactions value $: $0
Form type: 4
Date filed: 7/6/2023, 05:36 PM
Previous filing: Jun 5, 2023
Next filing: Oct 3, 2023

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	DEFERRED STOCK UNITS	Award	$0	+1.77K	+30.37%	$0.00	7.61K	Jul 3, 2023	COMMON STOCK	1.77K		Direct	F1

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

Explanation of Responses:

Id	Content
F1	Represents director cash fees that 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 are fully vested and 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.

Content

Represents director cash fees that 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 are fully vested and 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.