0001104659-24-030562.txt : 20240304
0001104659-24-030562.hdr.sgml : 20240304
20240304173214
ACCESSION NUMBER: 0001104659-24-030562
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240304
FILED AS OF DATE: 20240304
DATE AS OF CHANGE: 20240304
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: 24716375
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
tm247256-2_4seq1.xml
OWNERSHIP DOCUMENT
X0508
4
2024-03-04
0
0001465128
STARWOOD PROPERTY TRUST, INC.
STWD
0001034657
STERNLICHT BARRY S
C/O STARWOOD PROPERTY TRUST, INC.
591 WEST PUTNAM AVENUE
GREENWICH
CT
06830
1
1
0
0
CEO, Chairman of Board
0
Common Stock
2342126
I
By controlled entities
Common Stock
13128023
D
Restricted Stock Units
2024-03-04
4
A
0
1300000
0.00
A
Common Stock
1300000
2175000
I
By controlled entities
Represents shares of the issuer's common stock held by entities directly or indirectly controlled by Mr. Sternlicht, including SPT Management, LLC, the issuer's external manager (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.
On March 4, 2024, the issuer granted to the Manager an award under the Starwood Property Trust, Inc. 2022 Manager Equity Plan consisting of 1,300,000 restricted stock units (the "2024 RSUs"). The 2024 RSUs will vest ratably in quarterly installments through December 31, 2026, 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 the 1,500,000 restricted stock units originally granted to the Manager on November 23, 2022 as an award under the Starwood Property Trust, Inc. 2022 Manager Equity Plan (the "2022 RSUs") and the 1,300,000 2024 RSUs granted to the Manager, less those 2022 RSUs that have already vested and been converted into shares of the issuer's common stock.
/s/ Barry S. Sternlicht
2024-03-04