0000899243-17-024143.txt : 20171012 0000899243-17-024143.hdr.sgml : 20171012 20171012172945 ACCESSION NUMBER: 0000899243-17-024143 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20171010 FILED AS OF DATE: 20171012 DATE AS OF CHANGE: 20171012 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: GI PARTNERS FUND III-A LP CENTRAL INDEX KEY: 0001430651 STATE OF INCORPORATION: DE FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-36299 FILM NUMBER: 171135174 BUSINESS ADDRESS: STREET 1: 2180 SAND HILL ROAD STREET 2: SUITE 210 CITY: MENLO PARK STATE: CA ZIP: 94025 BUSINESS PHONE: 650 233-3600 MAIL ADDRESS: STREET 1: 2180 SAND HILL ROAD STREET 2: SUITE 210 CITY: MENLO PARK STATE: CA ZIP: 94025 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: GI PARTNERS FUND III LP CENTRAL INDEX KEY: 0001430639 STATE OF INCORPORATION: DE FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-36299 FILM NUMBER: 171135176 BUSINESS ADDRESS: STREET 1: 2180 SAND HILL ROAD STREET 2: SUITE 210 CITY: MENLO PARK STATE: CA ZIP: 94025 BUSINESS PHONE: 650- 233-3600 MAIL ADDRESS: STREET 1: 2180 SAND HILL ROAD STREET 2: SUITE 210 CITY: MENLO PARK STATE: CA ZIP: 94025 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: GI GP III LLC CENTRAL INDEX KEY: 0001599198 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-36299 FILM NUMBER: 171135177 BUSINESS ADDRESS: STREET 1: 2180 SAND HILL ROAD STREET 2: SUITE 210 CITY: MENLO PARK STATE: CA ZIP: 94025 BUSINESS PHONE: 650-233-3600 MAIL ADDRESS: STREET 1: 2180 SAND HILL ROAD STREET 2: SUITE 210 CITY: MENLO PARK STATE: CA ZIP: 94025 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: GI GP III L.P. CENTRAL INDEX KEY: 0001535645 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-36299 FILM NUMBER: 171135179 BUSINESS ADDRESS: STREET 1: 2180 SAND HILL ROAD STREET 2: SUITE 210 CITY: MENLO PARK STATE: CA ZIP: 94025 BUSINESS PHONE: 650-233-3600 MAIL ADDRESS: STREET 1: 2180 SAND HILL ROAD STREET 2: SUITE 210 CITY: MENLO PARK STATE: CA ZIP: 94025 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: GI Ladder Holdco, LLC CENTRAL INDEX KEY: 0001599196 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-36299 FILM NUMBER: 171135175 BUSINESS ADDRESS: STREET 1: 2180 SAND HILL ROAD STREET 2: SUITE 210 CITY: MENLO PARK STATE: CA ZIP: 94025 BUSINESS PHONE: 650-233-3600 MAIL ADDRESS: STREET 1: 2180 SAND HILL ROAD STREET 2: SUITE 210 CITY: MENLO PARK STATE: CA ZIP: 94025 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: GI Partners Fund III-B L.P. CENTRAL INDEX KEY: 0001474562 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-36299 FILM NUMBER: 171135180 BUSINESS ADDRESS: STREET 1: 2180 SAND HILL ROAD, SUITE 210 CITY: MENLO PARK STATE: CA ZIP: 94025 BUSINESS PHONE: (650) 233-3600 MAIL ADDRESS: STREET 1: 2180 SAND HILL ROAD, SUITE 210 CITY: MENLO PARK STATE: CA ZIP: 94025 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: GI Holdings III L.P. CENTRAL INDEX KEY: 0001599197 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-36299 FILM NUMBER: 171135178 BUSINESS ADDRESS: STREET 1: 2180 SAND HILL ROAD STREET 2: SUITE 210 CITY: MENLO PARK STATE: CA ZIP: 94025 BUSINESS PHONE: 650-233-3600 MAIL ADDRESS: STREET 1: 2180 SAND HILL ROAD STREET 2: SUITE 210 CITY: MENLO PARK STATE: CA ZIP: 94025 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Ladder Capital Corp CENTRAL INDEX KEY: 0001577670 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] IRS NUMBER: 800925494 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 345 PARK AVENUE CITY: NEW YORK STATE: NY ZIP: 10154 BUSINESS PHONE: 212-715-3170 MAIL ADDRESS: STREET 1: 345 PARK AVENUE CITY: NEW YORK STATE: NY ZIP: 10154 4 1 doc4.xml FORM 4 SUBMISSION X0306 4 2017-10-10 1 0001577670 Ladder Capital Corp LADR 0001430639 GI PARTNERS FUND III LP 188 THE EMBARCADERO, SUITE 700 SAN FRANCISCO CA 94105 0 0 1 0 0001599196 GI Ladder Holdco, LLC 188 THE EMBARCADERO, SUITE 700 SAN FRANCISCO CA 94105 0 0 1 0 0001430651 GI PARTNERS FUND III-A LP 188 THE EMBARCADERO, SUITE 700 SAN FRANCISCO CA 94105 0 0 1 0 0001474562 GI Partners Fund III-B L.P. 188 THE EMBARCADERO, SUITE 700 SAN FRANCISCO CA 94105 0 0 1 0 0001535645 GI GP III L.P. 188 THE EMBARCADERO, SUITE 700 SAN FRANCISCO CA 94105 0 0 1 0 0001599197 GI Holdings III L.P. 188 THE EMBARCADERO, SUITE 700 SAN FRANCISCO CA 94105 0 0 1 0 0001599198 GI GP III LLC 188 THE EMBARCADERO, SUITE 700 SAN FRANCISCO CA 94105 0 0 1 0 Class A Common Stock 2017-10-10 4 C 0 1657001 A 3687932 I See Footnote Class A Common Stock 2017-10-10 4 S 0 1657001 13.55 D 2030931 I See Footnote Class A Common Stock 2017-10-10 4 S 0 299927 13.55 D 1731004 I See Footnote Class A Common Stock 2017-10-10 4 S 0 43072 13.55 D 1687932 I See Footnote Units and Class B Common Stock 0.00 2017-10-10 4 C 0 1657001 D Class A Common Stock 1657001 8154258 I See Footnote On October 10, 2017, GI Ladder Holdco, LLC ("Ladder Holdco") converted 1,657,001 shares of Class B Common Stock (the "Class B Common Stock") of Ladder Capital Corp. ("LCC") and Series REIT and Series TRS of Ladder Capital Finance Holdings LLLP (the "Units") into 1,657,001 shares of Class A Common Stock (the "Class A Common Stock" and collectively with the Class B Common Stock and the Units, the "Equity Interests") of LCC (the "Conversion"). No cash or other consideration was exchanged in connection with the Conversion. The conversion right was exercisable at any time after the issuance of the Class B Common Stock and Units and has no expiration date. On October 10, 2017, Ladder Holdco, GI Partners Fund III-A L.P. ("GI III-A") and GI Partners Fund III-B L.P. ("GI III-B") sold an aggregate of 2,000,000 shares of Class A Common Stock in a block trade (the "Block Trade") as follows: (a) 1,657,001 shares of Class A Common Stock sold by Ladder Holdco, (b) 299,927 shares of Class A Common Stock sold by GI III-B and (c) 43,072 shares of Class A Common Stock sold by GI III-A. GI Partners Fund III L.P. ("GI III") owns Ladder Holdco. GI GP III L.P. ("GI GP LP") is the general partner of GI III, GI III-A, and GI III-B. GI Holdings III L.P. ("GI Holdings") is the limited partner of GI III, GI III-A, and GI III-B. GI GP III LLC ("GI GP LLC") is the general partner of each of GI GP LP and GI Holdings. GI III's principal business is to pursue investments, and GI III-A and GI III-B are affiliated funds in the same business. Following the Conversion and the Block Trade, Ladder Holdco holds 8,154,258 Units and shares of Class B Common Stock and no other securities of LCC. Following the Conversion and the Block Trade, GI III-A holds 211,965 shares of Class A Common Stock and no other securities of LCC. Following the Conversion and the Block Trade, GI III-B holds 1,475,967 shares of Class A Common Stock and no other securities of LCC. Each of GI III, Ladder Holdco, GI III-A, GI III-B, GI GP LP, GI Holdings, and GI GP LLC disclaims beneficial ownership of the Equity Interests reported herein directly owned by any other reporting person, except to the extent of its pecuniary interest therein, and this report shall not be deemed an admission that the reporting persons are the beneficial owners of such securities for purposes of Section 16 or for any other purposes. /s/ Jenny McGinnis, attorney in fact 2017-10-12