4//SEC Filing
Harney Thomas 4
Accession 0001104659-17-075693
CIK 0001577670other
Filed
Dec 28, 7:00 PM ET
Accepted
Dec 29, 4:30 PM ET
Size
7.7 KB
Accession
0001104659-17-075693
Insider Transaction Report
Form 4
Harney Thomas
Head-Merchant Banking & Cap Mk
Transactions
- Conversion
Class A Common Stock
2017-12-27+224,299→ 456,506 total - Conversion
Units and Class B Common Stock
2017-12-27−224,299→ 0 total→ Class A Common Stock (224,299 underlying)
Footnotes (2)
- [F1]The reporting person converted 224,299 shares of Class B Common Stock ("Class B Common Stock") of Ladder Capital Corp ("LCC") and units of Series REIT and Series TRS of Ladder Capital Finance Holdings LLLP ("units") into 224,299 shares of Class A Common Stock ("Class A Common Stock") of LCC (the "Conversion"). No cash or other consideration was exchanged in connection with the Conversion.
- [F2]Holders of units and Class B Common Stock may from time to time exchange such units paired with an equal number of shares of Class B Common Stock for shares of Class A Common Stock on a one-for-one basis, subject to customary conversion rate adjustments for stock splits, stock dividends, and reclassifications. The units and Class B Common Stock together are convertible at the holder's election at any time, and the conversion right has no expiration date.
Documents
Issuer
Ladder Capital Corp
CIK 0001577670
Entity typeother
Related Parties
1- filerCIK 0001598521
Filing Metadata
- Form type
- 4
- Filed
- Dec 28, 7:00 PM ET
- Accepted
- Dec 29, 4:30 PM ET
- Size
- 7.7 KB