4//SEC Filing
BLACKSTONE MORTGAGE TRUST, INC. 4
Accession 0001209191-14-013280
$BXMTCIK 0001061630operating
Filed
Feb 20, 7:00 PM ET
Accepted
Feb 21, 7:02 PM ET
Size
8.4 KB
Accession
0001209191-14-013280
Insider Transaction Report
Form 4
POLAN JOSHUA A
Director
Transactions
- Award
Class A Common Stock
2014-01-15$27.70/sh+24$665→ 0 total(indirect: See footnote) - Award
Class A Common Stock
2013-10-15$24.70/sh+8$198→ 0 total(indirect: See footnote)
Footnotes (3)
- [F1]Represents Class A Common Stock Units in lieu of dividends payable on Class A Common Stock Units owned by the Reporting Person, which convert to shares of Class A Common Stock on a one-for-one basis. The number of Class A Common Stock Units was calculated by dividing (1) the product of the number of Class A Common Stock Units owned by the Reporting Person and the $0.27 per share dollar amount of the Class A Common Stock dividend paid by the Company on October 15, 2013 by (2) the closing price of the Company's Class A Common Stock on October 15, 2013.
- [F2]These Class A Common Stock Units are held by W. R. Berkley Corporation. Mr. Polan is a managing director of Berkley Capital, LLC, a wholly owned subsidiary of W. R. Berkley Corporation. Mr. Polan disclaims beneficial ownership of Class A Common Stock Units of the Issuer held by W. R. Berkley Corporation except to the extent of his pecuniary interest therein, if any and the inclusion of the securities in this report shall not be deemed an admission of beneficial ownership for purposes of Section 16 or any other purpose. Pursuant to arrangements between Mr. Polan and Berkley Capital, LLC, Mr. Polan is required to transfer to Berkley Capital, LLC any and all compensation received in connection with his directorship for any company W. R. Berkley Corporation or its affiliates invests in or advises.
- [F3]Represents Class A Common Stock Units in lieu of dividends payable on Class A Common Stock Units owned by the Reporting Person, which convert to shares of Class A Common Stock on a one-for-one basis. The number of Class A Common Stock Units was calculated by dividing (1) the product of the number of Class A Common Stock Units owned by the Reporting Person and the $0.45 per share dollar amount of the Class A Common Stock dividend paid by the Company on January 15, 2014 by (2) the closing price of the Company's Class A Common Stock on January 15, 2014.
Documents
Issuer
BLACKSTONE MORTGAGE TRUST, INC.
CIK 0001061630
Entity typeoperating
IncorporatedMD
Related Parties
1- filerCIK 0001061630
Filing Metadata
- Form type
- 4
- Filed
- Feb 20, 7:00 PM ET
- Accepted
- Feb 21, 7:02 PM ET
- Size
- 8.4 KB