4//SEC Filing
Byrne Richard J 4
Accession 0001104659-23-008797
CIK 0001562528other
Filed
Jan 30, 7:00 PM ET
Accepted
Jan 31, 6:36 PM ET
Size
7.4 KB
Accession
0001104659-23-008797
Insider Transaction Report
Form 4
Byrne Richard J
DirectorChairman and CEO
Transactions
- Award
Common Stock
2023-01-27+72,999→ 285,303 total - Tax Payment
Common Stock
2023-01-27$14.24/sh−11,397$162,293→ 212,304 total
Footnotes (3)
- [F1]Represents shares of common stock withheld to satisfy tax withholding obligations incident to the vesting of restricted stock units ("RSUs") awarded to the reporting person on January 27, 2022.
- [F2]Ownership total reflects the impact of the automatic conversion of the Issuer's Series F Convertible Preferred Stock into common stock on April 19, 2022, for no consideration, as well as shares issued pursuant to the Issuer's distribution reinvestment plan (DRIP).
- [F3]Represents RSUs granted to the reporting person pursuant to the Issuer's 2021 Equity Incentive Plan. The RSUs will vest in three equal annual installments beginning on the first anniversary of the grant date, subject to the reporting person's continued qualifying service. One share of the Issuer's common stock will be issued for each RSU upon vesting.
Documents
Issuer
Franklin BSP Realty Trust, Inc.
CIK 0001562528
Entity typeother
Related Parties
1- filerCIK 0001602121
Filing Metadata
- Form type
- 4
- Filed
- Jan 30, 7:00 PM ET
- Accepted
- Jan 31, 6:36 PM ET
- Size
- 7.4 KB