Michael B. Nash - Jun 21, 2024 Form 4 Insider Report for BLACKSTONE MORTGAGE TRUST, INC. (BXMT)

Role: Director
Signature: /s/ Anthony F. Marone, Jr., Attorney-In-Fact
Stock symbol: BXMT
Transactions as of: Jun 21, 2024
Transactions value $: $169,338
Form type: 4
Date filed: 6/24/2024, 06:40 PM
Previous filing: May 17, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BXMT	Class A Common Stock	Award	$169K	+9.39K	+1.75%	$18.03	546K	Jun 21, 2024	Direct	F1

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

Explanation of Responses:

Id	Content
F1	Represents two awards of Restricted Class A Common Stock in lieu of retainer and meeting fees. The 6,378 shares of Restricted Class A Common Stock subject to the first award was calculated by dividing $115,000 in annual retainer and meeting fees by the closing price for June 21, 2024. The award vests in full on the date of the Company's 2025 annual meeting, subject to the director's continued services as of the date of the 2025 annual meeting. The 3,014 shares of Restricted Class A Common Stock subject to the second award was calculated by dividing $54,358 in prorated retainer and meeting fees for the director's service in 2024 for the period from January 1, 2024 through the date of the Company's 2024 annual meeting, by the closing price for June 21, 2024. This award was fully vested upon issuance.

Content

Represents two awards of Restricted Class A Common Stock in lieu of retainer and meeting fees. The 6,378 shares of Restricted Class A Common Stock subject to the first award was calculated by dividing $115,000 in annual retainer and meeting fees by the closing price for June 21, 2024. The award vests in full on the date of the Company's 2025 annual meeting, subject to the director's continued services as of the date of the 2025 annual meeting. The 3,014 shares of Restricted Class A Common Stock subject to the second award was calculated by dividing $54,358 in prorated retainer and meeting fees for the director's service in 2024 for the period from January 1, 2024 through the date of the Company's 2024 annual meeting, by the closing price for June 21, 2024. This award was fully vested upon issuance.