THOMAS E. DOBROWSKI - 15 Oct 2021 Form 4 Insider Report for BLACKSTONE MORTGAGE TRUST, INC. (BXMT)

Role: Director
Signature: /s/ Anthony F. Marone, Jr., Attorney-In-Fact
Issuer symbol: BXMT
Transactions as of: 15 Oct 2021
Net transactions value: +$48,238
Form type: 4
Filing time: 18 Oct 2021, 20:41:37 UTC
Previous filing: 23 Jul 2021
Next filing: 19 Jan 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BXMT	Class A Common Stock	Award	$48,238	+1,499	+1.9%	$32.18	79,301	15 Oct 2021	Direct	F1

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

Explanation of Responses:

Id	Content
F1	Represents Class A Common Stock Units in lieu of dividends payable on Class A Common Stock Units owned by the Reporting Person, which convert to shares of Class A Common Stock on a one-for-one basis. The number of Class A Common Stock Units was calculated by dividing (1) the product of the number of Class A Common Stock Units owned by the Reporting Person and the $0.62 per share dollar amount of the Class A Common Stock dividend paid by the Company on October 15, 2021 by (2) the closing price of the Company's Class A Common Stock on October 15, 2021.

Content

Represents Class A Common Stock Units in lieu of dividends payable on Class A Common Stock Units owned by the Reporting Person, which convert to shares of Class A Common Stock on a one-for-one basis. The number of Class A Common Stock Units was calculated by dividing (1) the product of the number of Class A Common Stock Units owned by the Reporting Person and the $0.62 per share dollar amount of the Class A Common Stock dividend paid by the Company on October 15, 2021 by (2) the closing price of the Company's Class A Common Stock on October 15, 2021.