Vincent Tese - 02 Jan 2024 Form 4 Insider Report for Claros Mortgage Trust, Inc. (CMTG)

Role
Director
Signature
/s/ Jeffrey D. Siegel, Attorney-in-Fact for Vincent Tese
Issuer symbol
CMTG
Transactions as of
02 Jan 2024
Net transactions value
$0
Form type
4
Filing time
03 Jan 2024, 18:58:54 UTC
Previous filing
12 Dec 2023
Next filing
02 Apr 2024

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 +1,998 +16% $0.000000 14,831 02 Jan 2024 COMMON STOCK 1,998 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.