Reid Sanders - Jun 1, 2024 Form 4 Insider Report for Granite Point Mortgage Trust Inc. (GPMT)

Role
Director
Signature
/s/ Michael J. Karber, as attorney-in-fact for W. Reid Sanders
Stock symbol
GPMT
Transactions as of
Jun 1, 2024
Transactions value $
$0
Form type
4
Date filed
6/4/2024, 04:41 PM
Previous filing
May 22, 2024
Next filing
Jun 7, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GPMT Common Stock Options Exercise +23.4K +21.13% 134K Jun 1, 2024 Direct F1
holding GPMT Common Stock 12K Jun 1, 2024 Green Meadows, LLC F2

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 -23.4K -100% $0.00* 0 Jun 1, 2024 Common Stock 23.4K $0.00 Direct F1, F3
* 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 The Reporting Person is the Managing Member and a 2% owner of Green Meadows, LLC.
F3 On June 1, 2023, the reporting person was granted 23,388 restricted stock units under the Granite Point Mortgage Trust Inc. 2022 Omnibus Incentive Plan, which vested in full on the first anniversary of the grant date.