Leonard W. Cotton - Oct 14, 2022 Form 4 Insider Report for BLACKSTONE MORTGAGE TRUST, INC. (BXMT)

Role: Director
Signature: /s/ Anthony F. Marone, Jr., Attorney-In-Fact
Stock symbol: BXMT
Transactions as of: Oct 14, 2022
Transactions value $: $24,039
Form type: 4
Date filed: 10/18/2022, 05:41 PM
Previous filing: Jul 18, 2022
Next filing: Jan 17, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BXMT	Class A Common Stock	Award	$24K	+1.08K	+2.21%	$22.32	49.9K	Oct 14, 2022	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 14, 2022 by (2) the closing price of the Company's Class A Common Stock on October 14, 2022.

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 14, 2022 by (2) the closing price of the Company's Class A Common Stock on October 14, 2022.