Filing Details

Accession Number:
0001708036-20-000002
Form Type:
4
Zero Holdings:
No
Publication Time:
2020-01-31 16:02:29
Reporting Period:
2020-01-29
Accepted Time:
2020-01-31 16:02:29
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1703644 Granite Point Mortgage Trust Inc. GPMT Real Estate Investment Trusts (6798) 000000000
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1708036 Stephen Alpart 3 Bryant Park, #2400A
New York NY 10036
Chief Investment Officer No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2020-01-29 6,262 $18.42 111,949 No 4 S Direct
Common Stock Acquisiton 2020-01-29 40,606 $0.00 152,555 No 4 A Direct
Common Stock Disposition 2020-01-30 5,443 $18.40 147,112 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
No 4 A Direct
No 4 S Direct
Footnotes
  1. The transaction reported on this Form 4 was effected pursuant to trading instructions given by the reporting person on May 24, 2018 in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934.
  2. The reporting person sold the shares to satisfy income tax liabilities incurred as a result of the vesting on January 28, 2020 of a restricted stock award previously granted to the reporting person.
  3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $18.37 to $18.46, inclusive. The reporting person undertakes to provide to Granite Point Mortgage Trust Inc., any security holder of Granite Point Mortgage Trust Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
  4. Represents a restricted stock award issued under Granite Point Mortgage Trust Inc.'s 2017 Equity Incentive Plan. This award vests in three equal annual installments commencing on the first anniversary of the grant date.
  5. The reporting person sold the shares to satisfy income tax liabilities incurred as a result of the vesting on January 29, 2020 of a restricted stock award previously granted to the reporting person.
  6. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $18.39 to $18.41, inclusive. The reporting person undertakes to provide to Granite Point Mortgage Trust Inc., any security holder of Granite Point Mortgage Trust Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.