STEPHEN G. KASNET - 01 Jun 2021 Form 4 Insider Report for Granite Point Mortgage Trust Inc. (GPMT)

Role
Director
Signature
/s/ Amy M. Jensen, as attorney-in-fact for Stephen G. Kasnet
Issuer symbol
GPMT
Transactions as of
01 Jun 2021
Transactions value $
-$98,020
Form type
4
Filing time
03 Jun 2021, 16:05:59 UTC
Previous filing
24 May 2021
Next filing
03 Jan 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GPMT Common Stock Tax liability -$98,020 -6,623 -14.37% $14.8 39,456 02 Jun 2021 Direct F1

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 +22,004 $0 22,004 01 Jun 2021 Common Stock 22,004 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted shares forfeited to satisfy the Reporting Person's tax liability in connection with the vesting of restricted shares.
F2 Represents a restricted stock unit award issued under Granite Point Mortgage Trust Inc.'s 2017 Equity 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 in a single tranche on June 1, 2022, subject to continued service with GPMT.