Stephen G. Kasnet - 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 Stephen G. Kasnet
Stock symbol
GPMT
Transactions as of
Jun 1, 2021
Transactions value $
-$98,020
Form type
4
Date filed
6/3/2021, 04:05 PM
Previous filing
May 24, 2021
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 -$98K -6.62K -14.37% $14.80 39.5K 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 +22K $0.00 22K Jun 1, 2021 Common Stock 22K 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.