SEC Form 4 · accession 0001104659-15-086343
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
Dec 18, 2015
Accepted (ET)
Dec 22, 2015 · 6:12 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 | Dec 18, 2015 | G | 723,771 | $20.64 | D | 4,367,480 | D | |
| Common StockF2 | holding | — | — | — | 817,817 | I | By controlled entities |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents shares of the issuer's common stock contributed as a charitable gift from Mr. Sternlicht to The Sternlicht Family Foundation 2, Inc., a charitable foundation of which Mr. Sternlicht is the President. The market closing price of the issuer's common stock on the date of such gift was $20.64, but Mr. Sternlicht did not receive any value for the gift of these shares. Mr. Sternlicht specifically disclaims any beneficial ownership in these shares.
- F2Represents 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.