Jonathan A. Langer - 21 Apr 2023 Form 4 Insider Report for KKR Real Estate Finance Trust Inc. (KREF)

Role: Director
Signature: /s/ Vincent J. Napolitano, as Attorney-in-Fact
Issuer symbol: KREF
Transactions as of: 21 Apr 2023
Net transactions value: $0
Form type: 4
Filing time: 24 Apr 2023, 21:11:19 UTC
Previous filing: 03 Apr 2023
Next filing: 23 Apr 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	KREF	Common Stock	Award	$0	+9,674	+26%	$0.000000	47,251	21 Apr 2023	Direct	F1

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

Explanation of Responses:

Id	Content
F1	Represents a grant of restricted stock units, which will vest on April 21, 2024. The reporting person has elected to defer receipt of all of the shares of Common Stock issuable upon the vesting of the restricted stock units until the earlier of (a) April 21, 2034 or (b) such date in which the reporting person no longer serves as a member of the Board of Directors of the Issuer. Upon such date, the reporting person has elected to receive the Common Stock in four equal annual installments.

Content

Represents a grant of restricted stock units, which will vest on April 21, 2024. The reporting person has elected to defer receipt of all of the shares of Common Stock issuable upon the vesting of the restricted stock units until the earlier of (a) April 21, 2034 or (b) such date in which the reporting person no longer serves as a member of the Board of Directors of the Issuer. Upon such date, the reporting person has elected to receive the Common Stock in four equal annual installments.