Richard Mack - 27 Jul 2023 Form 4/A - Amendment Insider Report for Claros Mortgage Trust, Inc. (CMTG)

Role: CEO AND CHAIRMAN, Director
Signature: /s/ Jeffrey D. Siegel, Attorney-in-Fact for Richard Mack
Issuer symbol: CMTG
Transactions as of: 27 Jul 2023
Net transactions value: $0
Form type: 4/A - Amendment
Filing time: 31 Jul 2023, 20:36:11 UTC
Date Of Original Report: 16 Jun 2022
Previous filing: 03 Apr 2023
Next filing: 08 Aug 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CMTG	COMMON STOCK	Award	$0	+509,642	+36%	$0.000000	1,926,652	27 Jul 2023	Direct	F1, F2
holding	CMTG	COMMON STOCK						1,386,250	27 Jul 2023	By Mack CMTG Holdings Member, LLC	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	Award	$0	+254,821		$0.000000	254,821	27 Jul 2023	COMMON STOCK	254,821		Direct	F1, F2

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

Explanation of Responses:

Id	Content
F1	Represents 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.
F2	This Amendment is being filed to report that the 254,821 restricted stock units ("RSUs") previously granted on June 14, 2022 that were previously reported on June 16, 2022 in Table I as shares of common stock are now being reported as derivative securities in Table II due to the fact that, on July 27, 2023, the Issuer's Compensation Committee approved an amendment to the RSUs that authorizes partial cash settlement of the first vesting tranche of the RSUs to satisfy tax obligations associated with such vesting. This filing does not reflect a new grant of awards.
F3	Represents a change in beneficial ownership from indirect holdings through Mack CMTG Holdings LLC ("CMTG Holdings") to indirect holdings through Mack CMTG Holdings Member, LLC, resulting from a distribution by CMTG Holdings to its members, without any change in Mr. Mack's pecuniary interest. Mr. Mack disclaims beneficial ownership of these shares, except to the extent of his pecuniary interest therein.