Pamela McCormack - 08 Jun 2021 Form 4 Insider Report for Ladder Capital Corp (LADR)

Role
President, Director
Signature
/s/ Michelle Wallach, as Attorney-in-Fact for Pamela McCormack
Issuer symbol
LADR
Transactions as of
08 Jun 2021
Net transactions value
-$498,600
Form type
4
Filing time
10 Jun 2021, 18:28:10 UTC
Next filing
07 Jan 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 $246,400 -20,000 -3.2% $12.32 609,561 08 Jun 2021 Direct F1, F2
transaction LADR Class A Common Stock Sale $252,200 -20,000 -3.3% $12.61 589,561 09 Jun 2021 Direct F1
holding LADR Class A Common Stock 253,600 08 Jun 2021 By McCormack Investors LLC F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sale reported in this row was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 3, 2021.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $12.32 to $12.325, 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 Reporting Person disclaims beneficial ownership of the shares held by McCormack Investors LLC, and this report should not be deemed an admission that the Reporting Person is the beneficial owner of shares held by McCormack Investors LLC for purposes of Section 16 or for any other purpose.