Marcin Urbaszek - 15 Mar 2024 Form 4 Insider Report for Granite Point Mortgage Trust Inc. (GPMT)

Role: Chief Financial Officer
Signature: /s/ Michael J. Karber, as attorney-in-fact for Marcin Urbaszek
Issuer symbol: GPMT
Transactions as of: 15 Mar 2024
Net transactions value: -$78,431
Form type: 4
Filing time: 19 Mar 2024, 16:27:40 UTC
Previous filing: 05 Mar 2024
Next filing: 21 Jun 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	GPMT	Common Stock	Options Exercise		+32,076	+34%		125,738	15 Mar 2024	Direct	F1
transaction	GPMT	Common Stock	Tax liability	$78,431	-16,374	-13%	$4.79	109,364	15 Mar 2024	Direct
holding	GPMT	Common Stock						94	15 Mar 2024	By Parent

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	-32,076	-33%	$0.000000	64,154	15 Mar 2024	Common Stock	32,076	$0.000000	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 March 15, 2023, the reporting person was granted 96,230 restricted stock units under the Granite Point Mortgage Trust Inc. 2022 Omnibus Incentive Plan, vesting 33% on each of March 15, 2024, and March 15, 2025, and 34% on March 15, 2026, subject to continued service with GPMT through the applicable vesting date.