Richman Steven Leonard 4
4 · Claros Mortgage Trust, Inc. · Filed Jul 6, 2023
Insider Transaction Report
Form 4
Richman Steven Leonard
Director
Transactions
- Award
DEFERRED STOCK UNITS
2023-07-03+1,773→ 7,611 total→ COMMON STOCK (1,773 underlying)
Footnotes (1)
- [F1]Represents director cash fees that have been deferred by the Reporting Person under the Issuer's Deferred Compensation Plan ("DCP") and thus are reported as Deferred Stock Units ("DSUs"). The DSUs are fully vested and convert into shares of Common Stock on a one-for-one basis, or at the election of the Issuer into cash, following the deferral period as defined in the DCP. The DSUs have no expiration date.