Anderson Barbara J. 4
4 · STARWOOD PROPERTY TRUST, INC. · Filed Aug 19, 2009
Insider Transaction Report
Form 4
Anderson Barbara J.
CFO, Treasurer and CCO
Transactions
- Award
Restricted Stock Units
2009-08-17+5,000→ 5,000 total→ Common Stock (5,000 underlying)
Footnotes (2)
- [F1]On August 17, 2009, the issuer granted the Reporting Person an award under the Starwood Propert Trust, Inc. Equity Plan consisting of these restricted stock units. This award will vest ratably in quarterly installments over a three-year period beginning on October 1, 2009, subject to the Reporting Person's continued service as an executive officer of the issuer. Once vested, this award will be settled in shares of common stock of the issuer. However, restricted stock units that vest prior to September 30, 2010 will not be settled in shares of the issuer's common stock until promptly following September 30, 2010. Restricted stock units that vest after the fourth quarterly vesting date will be settled promptly, but in no event later than 30 days, following the applicable quarterly vesting date.
- [F2]Each restricted stock unit represents a contingent right to receive one share of the issuer's common stock.