Michael J. Karber - Mar 1, 2024 Form 4 Insider Report for Granite Point Mortgage Trust Inc. (GPMT)

Role
General Counsel and Secretary
Signature
/s/ Michael J. Karber
Stock symbol
GPMT
Transactions as of
Mar 1, 2024
Transactions value $
$0
Form type
4
Date filed
3/5/2024, 04:23 PM
Previous filing
Feb 20, 2024
Next filing
Mar 19, 2024

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 +67.5K $0.00 67.5K Mar 1, 2024 Common Stock 67.5K $0.00 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a restricted stock unit award issued under the Granite Point Mortgage Trust Inc.'s 2022 Omnibus 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 33% on each of March 1, 2025 and March 1, 2026 and 34% on March 1, 2027, subject to continued service with GPMT through the applicable vesting date.