Brian Harris - 08 Jun 2021 Form 4 Insider Report for Ladder Capital Corp (LADR)

Role
Chief Executive Officer, Director
Signature
/s/ Michelle Wallach, as Attorney-in-Fact for Brian Harris
Issuer symbol
LADR
Transactions as of
08 Jun 2021
Net transactions value
-$373,648
Form type
4
Filing time
10 Jun 2021, 18:24:21 UTC
Previous filing
03 Jun 2021
Next filing
11 Feb 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LADR Class A Common Stock Sale $91,527 -7,352 -1.2% $12.45 592,723 08 Jun 2021 Direct F1, F2
transaction LADR Class A Common Stock Sale $282,122 -22,648 -3.8% $12.46 570,075 09 Jun 2021 Direct F1, F3
holding LADR Class A Common Stock 4,793,623 08 Jun 2021 See Footnote F4, F5
holding LADR Class A Common Stock 400,540 08 Jun 2021 By Harris Investment Associates, L.P. F4
holding LADR Class A Common Stock 1,020,084 08 Jun 2021 By Harris Investment Associates II, L.P. F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sales reported in this row were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 2, 2021.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $12.44 to $12.46, inclusive. The reporting person undertakes to provide to Ladder Capital Corp, any security holder of Ladder Capital Corp, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $12.44 to $12.505, inclusive. The reporting person undertakes to provide to Ladder Capital Corp, any security holder of Ladder Capital Corp, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F4 The Reporting Person disclaims beneficial ownership of these shares, and this report should not be deemed an admission that the Reporting Person is the beneficial owner of such shares for purposes of Section 16 or for any other purpose.
F5 Shares held directly by the Betsy A. Harris 2012 Family Trust, of which Mr. Harris is the trustee.