SEC Form 4 · accession 0000899243-18-031636
TPG RE Finance Trust, Inc. · TRTX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Greta Guggenheim
Officer — CEO & President · Director
Period of report
Dec 19, 2018
Accepted (ET)
Dec 21, 2018 · 7:54 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001630472
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Dec 19, 2018 | A | 106,213 | $0.00 | A | 175,768 | D | |
| Common StockF2 | Dec 20, 2018 | P | 45,000 | $18.5062 | A | 220,768 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Class A Common StockF3,F5 | — | Dec 19, 2018 | J | 50,010 | A | — | — | Common Stock | 50,010 | 79,960 | I |
| Class A Common StockF4,F5 | — | holding | — | — | — | — | — | Common Stock | 20,923 | 20,923 | I |
| Class A Common StockF5 | — | holding | — | — | — | — | — | Common Stock | 3,124 | 3,124 | D |
Explanation of responses
- F1The shares of common stock ("Common Stock") of TPG RE Finance Trust, Inc. (the "Issuer") awarded to Ms. Greta Guggenheim will vest ratably in three annual installments beginning on December 31, 2019.
- F2The price reported in Column 4 is a weighted average price. These shares of Common Stock were purchased in multiple transactions at prices ranging from $18.30 to $18.60, inclusive. Ms. Guggenheim undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission (the "Commission"), upon request, full information regarding the number of shares purchased at each separate price within the range set forth above. The purchases reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by Ms. Guggenheim.
- F3On December 19, 2018, Ms. Guggenheim acquired 50,010 shares of Class A common stock ("Class A Common Stock") of the Issuer from TPG RE Finance Trust Management, L.P. (the "Manager"), the Issuer's external manager, pursuant to a grant made by the Manager to Ms. Guggenheim in accordance with the terms of a compensatory plan adopted by the Manager. Upon vesting, the shares of Class A Common Stock will be delivered to Ms. Guggenheim.
- F4TPG RE Finance Trust Equity, L.P. ("TPG RE Finance Trust Equity") directly holds 926,951 shares of Class A Common Stock, including 20,922.96 shares of Class A Common Stock indirectly beneficially owned by Ms. Guggenheim (through her limited partnership interest in TPG RE Finance Trust Equity).
- F5Pursuant to the Articles of Amendment and Restatement of the Issuer, each share of Class A Common Stock is convertible at any time or from time to time, at the option of the holder, for one share of Common Stock.
Remarks
(6) Matthew Coleman is signing on behalf of Ms. Guggenheim pursuant to the power of attorney dated July 5, 2017, which was previously filed with the Commission.