Form 4 for STWD STARWOOD PROPERTY TRUST, INC.

Accepted 2023-03-16 00:00:00 ET · period of report 2023-03-02 · accession 0001104659-23-033416 · SEC index · Original document

Summary rows

Aggregated the way they appear in lists: one row per insider, transaction code and security table.

X	Filed	Traded	Ticker	Insider	Title	Type	Price	Qty	Owned	ΔOwn	Value
I	2023-03-16	2023-03-02	STWD	STERNLICHT BARRY S	CEO, COB of Board, Dir	A - Grant	—	+242.9K	1.15M	+27%	—

Purchase Sale Sale after option exercise All abbreviations

#	Table	Security	Date	Code	A/D	Shares	Price	Owned after	Own	Exercise / expiry	Underlying	Footnotes
1	Common	Common Stock	2023-03-02	A	A	242,919	—	1,150,494	I By controlled entities	—	—	(F1) Represents 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, net of shares of the issuer's common stock distributed to certain employees and/or other persons having an affiliation with the Manager. This transaction is being reported late due to an inadvertent administrative error. (F2) Reflects (i) the number of shares of the issuer's common stock that were beneficially owned by Mr. Sternlicht following all reported transactions as of March 15, 2023 and (ii) the contribution of 2,250,000 shares of the issuer's common stock that were previously held by an entity directly or indirectly controlled by Mr. Sternlicht and reported as indirectly beneficially owned by Mr. Sternlicht on March 14, 2023 such that they are now directly beneficially owned by Mr. Sternlicht. (F3) Represents shares of the issuer's common stock held by entities directly or indirectly controlled by Mr. Sternlicht, including the Manager, SFIP, LLC and JAWS Capital, LP.