4//SEC Filing
STERNLICHT BARRY S 4
Accession 0000905148-25-002277
CIK 0001465128other
Filed
Jun 29, 8:00 PM ET
Accepted
Jun 30, 4:21 PM ET
Size
9.8 KB
Accession
0000905148-25-002277
Insider Transaction Report
Form 4
STERNLICHT BARRY S
DirectorCEO, Chrmn of Brd of Drctrs
Transactions
- Exercise/Conversion
Common Stock
2025-06-30+345,833→ 3,149,914 total(indirect: By controlled entities) - Exercise/Conversion
Restricted Stock Units
2025-06-30−345,833→ 1,900,002 total(indirect: By controlled entities)→ Common Stock (345,833 underlying)
Holdings
- 14,224,437
Common Stock
Footnotes (6)
- [F1]On June 30, 2025, SPT Management, LLC, the issuer's external manager (the "Manager"), acquired 345,833 shares of the issuer's common stock in connection with the vesting of (i) 125,000 of the restricted stock units originally granted to the Manager on November 23, 2022 (the "2022 RSUs"), (ii) 108,333 of the restricted stock units originally granted to the Manager on March 4, 2024 (the "2024 RSUs"), and (iii) 112,500 of the restricted stock units originally granted to the Manager on March 6, 2025 (the "2025 RSUs"), each as an award under the Starwood Property Trust, Inc. 2022 Manager Equity Plan.
- [F2]The remaining 2022 RSUs, the remaining 2024 RSUs and the remaining 2025 RSUs will vest ratably in quarterly installments through September 30, 2025, December 31, 2026 and December 31, 2027, respectively, in each case subject to the Manager's continued service as the issuer's external manager. As such restricted stock units vest, the awards will be settled in shares of the issuer's common stock promptly, but in no event later than 30 days, following the applicable quarterly vesting dates.
- [F3]Reflects the transfer of 183,939 shares of the issuer's common stock that were previously held by the Manager and reported as indirectly beneficially owned by Mr. Sternlicht on June 6, 2025, such that they are now directly beneficially owned by Mr. Sternlicht.
- [F4]Represents shares of the issuer's common stock held by entities directly or indirectly controlled by Mr. Sternlicht, including the Manager, SFIP, LLC and JAWS Capital, LP.
- [F5]Each restricted stock unit represents a contingent right to receive one share of the issuer's common stock.
- [F6]Represents the 1,500,000 2022 RSUs, the 1,300,000 2024 RSUs and the 1,350,000 2025 RSUs granted to the Manager, less those restricted stock units that have already vested and been converted into shares of the issuer's common stock.
Documents
Issuer
STARWOOD PROPERTY TRUST, INC.
CIK 0001465128
Entity typeother
Related Parties
1- filerCIK 0001034657
Filing Metadata
- Form type
- 4
- Filed
- Jun 29, 8:00 PM ET
- Accepted
- Jun 30, 4:21 PM ET
- Size
- 9.8 KB