4/A//SEC Filing
Mack Richard 4/A
Accession 0000950170-23-036107
CIK 0001666291other
Filed
Jul 30, 8:00 PM ET
Accepted
Jul 31, 8:36 PM ET
Size
8.9 KB
Accession
0000950170-23-036107
Insider Transaction Report
Form 4/AAmended
Mack Richard
DirectorCEO AND CHAIRMAN
Transactions
- Award
COMMON STOCK
2023-07-27+509,642→ 1,926,652 total - Award
RESTRICTED STOCK UNITS
2023-07-27+254,821→ 254,821 total→ COMMON STOCK (254,821 underlying)
Holdings
- 1,386,250(indirect: By LLC)
COMMON STOCK
Footnotes (3)
- [F1]Represents RSUs granted on June 14, 2022, which vest with respect to 1/3rd of the RSUs subject thereto on each of the 1st through 3rd anniversaries of July 1, 2022, subject to continued employment or service as provided in the award agreement.
- [F2]This Amendment is being filed to report that the 254,821 restricted stock units ("RSUs") previously granted on June 14, 2022 that were previously reported on June 16, 2022 in Table I as shares of common stock are now being reported as derivative securities in Table II due to the fact that, on July 27, 2023, the Issuer's Compensation Committee approved an amendment to the RSUs that authorizes partial cash settlement of the first vesting tranche of the RSUs to satisfy tax obligations associated with such vesting. This filing does not reflect a new grant of awards.
- [F3]Represents a change in beneficial ownership from indirect holdings through Mack CMTG Holdings LLC ("CMTG Holdings") to indirect holdings through Mack CMTG Holdings Member, LLC, resulting from a distribution by CMTG Holdings to its members, without any change in Mr. Mack's pecuniary interest. Mr. Mack disclaims beneficial ownership of these shares, except to the extent of his pecuniary interest therein.
Documents
Issuer
Claros Mortgage Trust, Inc.
CIK 0001666291
Entity typeother
Related Parties
1- filerCIK 0001424106
Filing Metadata
- Form type
- 4/A
- Filed
- Jul 30, 8:00 PM ET
- Accepted
- Jul 31, 8:36 PM ET
- Size
- 8.9 KB