Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | STWD | Common Stock | Award | +12.1K | +1.14% | 1.07M | Nov 15, 2021 | By controlled entities | F1, F2 | ||
holding | STWD | Common Stock | 10.4M | Nov 15, 2021 | Direct | F3 |
Id | Content |
---|---|
F1 | Represents restricted shares of the issuer's common stock granted to SPT Management, LLC, the issuer's external manager (the "Manager"), as payment of 50% of the incentive fee as required by the Management Agreement between the issuer and the Manager, net of shares of the issuer's common stock distributed to certain employees and/or other persons having an affiliation with the Manager. |
F2 | Represents shares of the issuer's common stock held by entities directly or indirectly controlled by Mr. Sternlicht, including the Manager, SFIP, LLC and JAWS Capital, LP. |
F3 | The amount of securities beneficially owned by Mr. Sternlicht shown here corrects an inadvertent understatement of 500,000 shares in a prior Form 4. |