Peter Morral - 01 Mar 2024 Form 4 Insider Report for Granite Point Mortgage Trust Inc. (GPMT)

Signature
/s/ Michael J. Karber, as attorney-in-fact for Peter Morral
Issuer symbol
GPMT
Transactions as of
01 Mar 2024
Transactions value $
$0
Form type
4
Filing time
05 Mar 2024, 16:39:21 UTC
Previous filing
20 Feb 2024
Next filing
19 Mar 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 +105K $0.00 105K 01 Mar 2024 Common Stock 105K $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.