SEC Form 4 · accession 0001104659-15-017239
STARWOOD PROPERTY TRUST, INC. · STWD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Barry S Sternlicht
Officer — CEO, Chairman of Board · Director
Period of report
Mar 3, 2015
Accepted (ET)
Mar 5, 2015 · 7:30 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001465128
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2,F3 | Mar 3, 2015 | A | 387,299 | — | A | 2,036,497 | I | By controlled entities |
| Common StockF4,F2,F3 | Mar 3, 2015 | J | 85,331 | $0.00 | D | 1,951,166 | I | By controlled entities |
| Common Stock | holding | — | — | — | 2,748,724 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents restricted shares of the issuer's common stock granted to SPT Management, LLC, the issuer's external manager (the "Manager"), as payment of 50% of the incentive fee as required by the Management Agreement between the issuer and the Manager.
- F2This amount includes 2,312 shares of the issuer's common stock that were inadvertently omitted from the amounts of securities beneficially owned by Mr. Sternlicht reported in previous Statements of Changes in Beneficial Ownership of Securities on Form 4 filed on behalf of Mr. Sternlicht.
- F3Represents shares of the issuer's common stock held by the Manager and SFIP, L.P. ("SFIP"). Starwood Capital Group Global, L.P. ("SCGG") is the sole member of the Manager. Mr. Sternlicht is the controlling partner of each of SFIP and SCGG.
- F4Represents shares of the issuer's common stock distributed by the Manager to certain employees and/or other individuals having an affiliation with the Manager.