| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | STWD | Common Stock | Options Exercise | +346K | +13.64% | 2.88M | Mar 31, 2025 | By controlled entities | F1, F2, F3 | ||
| transaction | STWD | Common Stock | Other | $0 | -59.7K | -2.07% | $0.00 | 2.82M | Mar 31, 2025 | By controlled entities | F3, F4 |
| transaction | STWD | Common Stock | Other | $0 | -16.7K | -0.59% | $0.00 | 2.8M | Apr 1, 2025 | By controlled entities | F3, F4 |
| holding | STWD | Common Stock | 14M | Mar 31, 2025 | Direct |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | STWD | Restricted Stock Units | Options Exercise | $0 | -346K | -13.34% | $0.00 | 2.25M | Mar 31, 2025 | Common Stock | 346K | By controlled entities | F1, F2, F3, F5, F6 |
| Id | Content |
|---|---|
| F1 | On March 31, 2025, SPT Management, LLC, the issuer's external manager (the "Manager"), acquired 345,833 shares of the issuer's common stock in connection with the vesting of (i) 125,000 of the restricted stock units originally granted to the Manager on November 23, 2022 (the "2022 RSUs"), (ii) 108,333 of the restricted stock units originally granted to the Manager on March 4, 2024 (the "2024 RSUs"), and (iii) 112,500 of the restricted stock units originally granted to the Manager on March 6, 2025 (the "2025 RSUs"), each as an award under the Starwood Property Trust, Inc. 2022 Manager Equity Plan. |
| F2 | The remaining 2022 RSUs, the remaining 2024 RSUs and the remaining 2025 RSUs will vest ratably in quarterly installments through September 30, 2025, December 31, 2026 and December 31, 2027, respectively, in each case subject to the Manager's continued service as the issuer's external manager. As such restricted stock units vest, the awards will be settled in shares of the issuer's common stock promptly, but in no event later than 30 days, following the applicable quarterly vesting dates. |
| F3 | Represents shares of the issuer's common stock held by entities directly or indirectly controlled by Mr. Sternlicht, including the Manager, SFIP, LLC and JAWS Capital, LP. |
| F4 | Represents shares of the issuer's common stock distributed by the Manager to certain employees and/or other persons having an affiliation with the Manager. |
| F5 | Each restricted stock unit represents a contingent right to receive one share of the issuer's common stock. |
| F6 | Represents the 1,500,000 2022 RSUs, the 1,300,000 2024 RSUs and the 1,350,000 2025 RSUs granted to the Manager, less those restricted stock units that have already vested and been converted into shares of the issuer's common stock. |