SEC Form 4 · accession 0001703644-18-000020
Granite Point Mortgage Trust Inc. · GPMT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas Siering
Director
Period of report
Apr 2, 2018
Accepted (ET)
Apr 4, 2018 · 5:16 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001703644
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF2,F3 | Apr 2, 2018 | J | 32,755 | $16.63 | A | 185,482 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On November 1, 2017, Two Harbors Investment Corp. ("Two Harbors") completed a pro rata stock dividend of the Issuer's common stock to the holders of Two Harbors common stock. The reporting person's receipt, through the Thomas E. Siering 2016 Grantor Annuity Trust I ("GRAT"), of 32,755 shares of the issuer's common stock in connection with this stock dividend was exempt from Section 16 of the Securities Exchange Act of 1934, as amended, pursuant to Rule 16a-9 promulgated thereunder. On April 2, 2018, the 32,755 shares of the Issuer's commons stock held by the reporting person through the GRAT, for which the reporting person is the sole trustee and annuitant, were transferred back to the reporting person in exchange for cash. As result of the transfer, the reporting person now holds these shares directly.
- F2This acquisition does not result in a change in the aggregate holdings of the reporting person, as all shares previously held in the GRAT continue to be beneficially owned by the reporting person.
- F3Includes 160,482 shares, inclusive of the 32,755 shares held through the GRAT, of the Issuer's common stock acquired by the reporting person in connection with the pro rata stock dividend by Two Harbors of the Issuer's common stock. This Stock dividend was exempt from Section 16 of the Securities Exchange Act of 1934, as amended.