Tanuja M. Dehne - Dec 31, 2021 Form 4 Insider Report for Granite Point Mortgage Trust Inc. (GPMT)

Role
Director
Signature
/s/ Michael J. Karber, as attorney-in-fact for Tanuja M. Dehne
Stock symbol
GPMT
Transactions as of
Dec 31, 2021
Transactions value $
-$20,504
Form type
4
Date filed
1/3/2022, 08:13 PM
Previous filing
Jun 3, 2021
Next filing
Jun 3, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GPMT Common Stock Options Exercise +5.01K +26.34% 24K Dec 31, 2021 Direct F1
transaction GPMT Common Stock Tax liability -$20.5K -1.75K -7.29% $11.71 22.3K Dec 31, 2021 Direct

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 Options Exercise $0 -5.01K -100% $0.00* 0 Dec 31, 2021 Common Stock 5.01K $0.00 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units convert into common stock on a one-for-one basis.
F2 On December 31, 2020, the reporting person was granted 5,005 stock units under the Granite Point Mortgage Trust Inc. 2017 Equity Incentive Plan, which vested in full on the first anniversary of the grant date.