STEPHEN G. KASNET - 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 Stephen G. Kasnet
Issuer symbol
GPMT
Transactions as of
01 Jun 2024
Transactions value $
$0
Form type
4
Filing time
04 Jun 2024, 16:43:07 UTC
Previous filing
20 May 2024
Next filing
05 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 +67,567 +83.91% 148,093 01 Jun 2024 Direct F1
holding GPMT Common Stock 312 01 Jun 2024 Kasnet Family Foundation 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 -67,567 -100% $0* 0 01 Jun 2024 Common Stock 67,567 $0 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 and his spouse share voting and investment power over the Issuer's common stock hold in the Kasnet Family Foundation.
F3 On June 1, 2023, the reporting person was granted 67,567 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.