4//SEC Filing
Starwood XI Management Holdings GP, L.L.C. 4
Accession 0001104659-24-059918
CIK 0001630472other
Filed
May 9, 8:00 PM ET
Accepted
May 10, 4:16 PM ET
Size
19.4 KB
Accession
0001104659-24-059918
Insider Transaction Report
Form 4
PE Holder, L.L.Cc
10% Owner
Transactions
- Sale
Common Stock
2024-05-08$8.84/sh−9,352,941$82,679,998→ 2,647,059 total - Exercise of In-Money
Common Stock
2024-05-08$6.89/sh+12,000,000$82,680,000→ 12,000,000 total - Exercise of In-Money
Warrants (right to buy)
2024-05-08−12,000,000→ 0 totalExercise: $6.89From: 2020-05-28Exp: 2025-05-28→ Common Stock (12,000,000 underlying)
PE Holdings, L.L.C.
10% Owner
Transactions
- Exercise of In-Money
Common Stock
2024-05-08$6.89/sh+12,000,000$82,680,000→ 12,000,000 total - Sale
Common Stock
2024-05-08$8.84/sh−9,352,941$82,679,998→ 2,647,059 total - Exercise of In-Money
Warrants (right to buy)
2024-05-08−12,000,000→ 0 totalExercise: $6.89From: 2020-05-28Exp: 2025-05-28→ Common Stock (12,000,000 underlying)
Transactions
- Sale
Common Stock
2024-05-08$8.84/sh−9,352,941$82,679,998→ 2,647,059 total - Exercise of In-Money
Warrants (right to buy)
2024-05-08−12,000,000→ 0 totalExercise: $6.89From: 2020-05-28Exp: 2025-05-28→ Common Stock (12,000,000 underlying) - Exercise of In-Money
Common Stock
2024-05-08$6.89/sh+12,000,000$82,680,000→ 12,000,000 total
Starwood XI Management, L.P.
10% Owner
Transactions
- Exercise of In-Money
Common Stock
2024-05-08$6.89/sh+12,000,000$82,680,000→ 12,000,000 total - Sale
Common Stock
2024-05-08$8.84/sh−9,352,941$82,679,998→ 2,647,059 total - Exercise of In-Money
Warrants (right to buy)
2024-05-08−12,000,000→ 0 totalExercise: $6.89From: 2020-05-28Exp: 2025-05-28→ Common Stock (12,000,000 underlying)
Starwood XI Management GP, L.L.C.
10% Owner
Transactions
- Exercise of In-Money
Common Stock
2024-05-08$6.89/sh+12,000,000$82,680,000→ 12,000,000 total - Sale
Common Stock
2024-05-08$8.84/sh−9,352,941$82,679,998→ 2,647,059 total - Exercise of In-Money
Warrants (right to buy)
2024-05-08−12,000,000→ 0 totalExercise: $6.89From: 2020-05-28Exp: 2025-05-28→ Common Stock (12,000,000 underlying)
SOF-XI U.S. Public MAR Holdings L.P.
10% Owner
Transactions
- Sale
Common Stock
2024-05-08$8.84/sh−9,352,941$82,679,998→ 2,647,059 total - Exercise of In-Money
Common Stock
2024-05-08$6.89/sh+12,000,000$82,680,000→ 12,000,000 total - Exercise of In-Money
Warrants (right to buy)
2024-05-08−12,000,000→ 0 totalExercise: $6.89From: 2020-05-28Exp: 2025-05-28→ Common Stock (12,000,000 underlying)
Footnotes (2)
- [F1]Represents securities held by PE Holder, L.L.C. PE Holdings, L.L.C. is the sole member of PE Holder, L.L.C. SOF-XI U.S. Public MAR Holdings L.P. is the sole member of PE Holdings, L.L.C. Starwood XI Management Holdings GP, L.L.C. is the general partner of SOF-XI U.S. Public MAR Holdings L.P. Starwood XI Management, L.P. is the sole member of Starwood XI Management Holdings GP, L.L.C. Starwood XI Management GP, L.L.C. is the general partner of Starwood XI Management, L.P. Starwood Capital Group Global II, L.P. is the sole member of Starwood XI Management GP, L.L.C. SCGG II GP, L.L.C. is the general partner of Starwood Capital Group Global II, L.P. Starwood Capital Group Holdings GP, L.L.C. is the sole member of SCGG II GP, L.L.C. BSS SCG GP Holdings, LLC is the sole member of Starwood Capital Group Holdings GP, L.L.C. Barry S. Sternlicht is the managing member of BSS SCG GP Holdings, LLC.
- [F2]On May 8, 2024, PE Holder, L.L.C. exercised a warrant to purchase 12,000,000 shares of the Issuer's common stock at an adjusted exercise price of $6.89 per share. PE Holder, L.L.C. paid the exercise price on a cashless basis, resulting in the Issuer's withholding of 9,352,941 of the warrant shares to pay the exercise price and issuing to PE Holder, L.L.C. the remaining 2,647,059 shares.
Documents
Issuer
TPG RE Finance Trust, Inc.
CIK 0001630472
Entity typeother
IncorporatedDE
Related Parties
1- filerCIK 0001814281
Filing Metadata
- Form type
- 4
- Filed
- May 9, 8:00 PM ET
- Accepted
- May 10, 4:16 PM ET
- Size
- 19.4 KB