Tanuja M. Dehne - Jun 1, 2021 Form 4 Insider Report for Granite Point Mortgage Trust Inc. (GPMT)

Role
Director
Signature
/s/ Amy M. Jensen, as attorney-in-fact for Tanuja M. Dehne
Stock symbol
GPMT
Transactions as of
Jun 1, 2021
Transactions value $
-$67,059
Form type
4
Date filed
6/3/2021, 04:04 PM
Next filing
Jan 3, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GPMT Common Stock Tax liability -$67.1K -4.53K -19.26% $14.80 19K Jun 2, 2021 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction GPMT Restricted Stock Units Award $0 +7.45K $0.00 7.45K Jun 1, 2021 Common Stock 7.45K Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted shares forfeited to satisfy the Reporting Person's tax liability in connection with the vesting of restricted shares.
F2 Represents a restricted stock unit award issued under Granite Point Mortgage Trust Inc.'s 2017 Equity Incentive Plan. Restricted stock units are contingent rights to receive a share of GPMT common stock on a 1-to-1 basis. This award vests in a single tranche on June 1, 2022, subject to continued service with GPMT.