SANDERS WILLIAM REID - 01 Jun 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
Issuer symbol: GPMT
Transactions as of: 01 Jun 2024
Net transactions value: $0
Form type: 4
Filing time: 04 Jun 2024, 16:41:17 UTC
Previous filing: 22 May 2024
Next filing: 07 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		+23,388	+21%		134,067	01 Jun 2024	Direct	F1
holding	GPMT	Common Stock						12,000	01 Jun 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	-23,388	-100%	$0.000000^*	0	01 Jun 2024	Common Stock	23,388	$0.000000	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.