TAYLOR JOHN A 4
4 · Granite Point Mortgage Trust Inc. · Filed Mar 3, 2025
Insider Transaction Report
Form 4
TAYLOR JOHN A
DirectorPresident and CEO
Transactions
- Award
Restricted Stock Units
2025-02-27+260,455→ 260,455 totalExercise: $0.00Exp: 2028-02-27→ Common Stock (260,455 underlying) - Exercise/Conversion
Common Stock
2025-03-01+78,451→ 435,958.587 total - Tax Payment
Common Stock
2025-03-01$2.96/sh−41,532$122,935→ 394,426.587 total - Exercise/Conversion
Restricted Stock Units
2025-03-01−78,451→ 156,904 totalExercise: $0.00Exp: 2027-03-01→ Common Stock (78,451 underlying)
Footnotes (3)
- [F1]Restricted stock units convert into common stock on a one-for-one basis.
- [F2]Represents a restricted stock unit award issued under Granite Point Mortgage Trust Inc.'s 2022 Omnibus Incentive Plan. Restricted stock units are contingent rights to receive a share of GPMT common stock on a 1-to-1 basis. This award vests 33% on each of February 27, 2026, and February 27, 2027, and 34% on February 27, 2028, subject to the terms and conditions contained in the award agreement.
- [F3]On March 1, 2024, the reporting person was granted 235,355 restricted stock units under the Granite Point Mortgage Trust Inc. 2022 Omnibus Incentive Plan, vesting 33% on each of March 1, 2025, and March 1, 2026, and 34% on March 1, 2027, subject to continued service with GPMT through the applicable vesting date.