SEC Form 4 · accession 0001638599-18-000750
TPG Mortgage Investment Trust, Inc. · MITT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David N Roberts
Officer — CEO and President · Director
Period of report
Jul 1, 2018
Accepted (ET)
Jul 3, 2018 · 9:50 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001514281
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Jul 1, 2018 | M | 1,666 | $0.00 | A | 198,882 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF2,F3 | — | Jul 1, 2018 | M | 1,666 | D | — | — | Common Stock | 1,666 | 3,334 | D |
Explanation of responses
- F1On July 1, 2018, 1,666 restricted stock units vested in 1,666 shares of common stock of AG Mortgage Investment Trust, Inc. (the "Company").
- F2Each restricted stock unit represents the right to receive one restricted share of common stock of the Company upon vesting of the unit. This transaction represents the settlement of vested restricted stock units in shares of common stock on their scheduled vesting date.
- F3The restricted stock units vest in three equal annual installments beginning July 1, 2018. The remaining unvested restricted stock units are scheduled to vest equally on July 1, 2019 and July 1, 2020, provided Mr. Roberts remains employed with Angelo, Gordon & Co., L.P. on such date, as set forth in the applicable award agreement.