0000905148-24-001048.txt : 20240402
0000905148-24-001048.hdr.sgml : 20240402
20240402160741
ACCESSION NUMBER: 0000905148-24-001048
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240331
FILED AS OF DATE: 20240402
DATE AS OF CHANGE: 20240402
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: STERNLICHT BARRY S
CENTRAL INDEX KEY: 0001034657
ORGANIZATION NAME: CF
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-34436
FILM NUMBER: 24814236
MAIL ADDRESS:
STREET 1: STARWOOD CAPITAL GROUP GLOBAL LP
STREET 2: 1601 WASHINGTON AVENUE, SUITE 800
CITY: MIAMI BEACH
STATE: FL
ZIP: 33139
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: STARWOOD PROPERTY TRUST, INC.
CENTRAL INDEX KEY: 0001465128
STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798]
ORGANIZATION NAME: 05 Real Estate & Construction
IRS NUMBER: 270247747
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: C/O STARWOOD CAPITAL GROUP
STREET 2: 591 WEST PUTNAM AVENUE
CITY: GREENWICH
STATE: CT
ZIP: 06830
BUSINESS PHONE: (203) 422-7700
MAIL ADDRESS:
STREET 1: C/O STARWOOD CAPITAL GROUP
STREET 2: 591 WEST PUTNAM AVENUE
CITY: GREENWICH
STATE: CT
ZIP: 06830
4
1
form4.xml
X0508
4
2024-03-31
0001465128
STARWOOD PROPERTY TRUST, INC.
STWD
0001034657
STERNLICHT BARRY S
C/O STARWOOD PROPERTY TRUST, INC.
591 WEST PUTNAM AVENUE
GREENWICH
CT
06830
true
true
CEO, Chairman of the Board
false
Common Stock
2024-03-31
4
M
0
233333
A
2287126
I
By controlled entities
Common Stock
13128023
D
Restricted Stock Units
2024-03-31
4
M
0
233333
0
D
Common Stock
233333
1941667
I
By controlled entities
On March 31, 2024, SPT Management, LLC, the issuer's external manager (the "Manager"), acquired 233,333 shares of the issuer's common stock in connection with the vesting of 125,000 of the restricted stock units originally granted to the Manager on November 23, 2022 (the "2022 RSUs") and 108,333 of the restricted stock units originally granted to the Manager on March 4, 2024 (the "2024 RSUs"), each as an award under the Starwood Property Trust, Inc. 2022 Manager Equity Plan.
The remaining 2022 RSUs and the remaining 2024 RSUs will vest ratably in quarterly installments through September 30, 2025 and December 31, 2026, respectively, in each case subject to the Manager's continued service as the issuer's external manager. As such restricted stock units vest, the awards will be settled in shares of the issuer's common stock promptly, but in no event later than 30 days, following the applicable quarterly vesting dates.
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.
Each restricted stock unit represents a contingent right to receive one share of the issuer's common stock.
Represents the 1,500,000 2022 RSUs and the 1,300,000 2024 RSUs granted to the Manager, less those restricted stock units that have already vested and been converted into shares of the issuer's common stock.
/s/ Barry S. Sternlicht
2024-04-02