Sternlicht Barry S's Form 4 filing
TPG RE Finance Trust, Inc. (TRTX) · filed May 10, 2024
- Accession no.
- 0001104659-24-059921
- Filed
- May 10, 2024, 4:17 PM ET
- Trade date
- May 8, 2024
- Filing delay
- 2 days
- Rule 10b5-1 plan
- Not checked
This filing lists 2 non-derivative transactions and 1 derivative transaction. Open-market sales total $82.7M. It was filed 2 days after the trade.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Sternlicht Barry SCIK 0001034657 | 10% Owner |
| Starwood Capital Group Global II, L.P.CIK 0001809797 | 10% Owner |
| SCGG II GP, L.L.C.CIK 0001814296 | 10% Owner |
| Starwood Capital Group Holdings GP, L.L.C.CIK 0001814302 | 10% Owner |
| BSS SCG GP Holdings, LLCCIK 0001814305 | 10% Owner |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| May 8, 2024 | Common Stock | XIn-the-money exerciseAcquired | +12,000,000 | $6.89 | +$82,680,000 | 12,000,000 | Direct | Duplicate filing |
| May 8, 2024 | Common Stock | SSaleDisposed | −9,352,941 | $8.84 | −$82,679,998.44 | 2,647,059 | Direct | Duplicate filing |
Derivative securities (Table II)
Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| May 8, 2024 | Common Stock | XIn-the-money exerciseDisposed | −12,000,000 | $0.00 | $0 | 0 | Direct | Duplicate filing |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
No transaction price on this filing refers to a footnote.
Remarks
This Form 4 is being filed in conjunction with the Form 4 filed simultaneously by: PE Holder, L.L.C.; PE Holdings, L.L.C.; SOF-XI U.S. Public MAR Holdings L.P.; Starwood XI Management Holdings GP, L.L.C.; Starwood XI Management, L.P.; and Starwood XI Management GP, L.L.C. These Forms 4 are being filed separately due to a 10-reporting-person limit imposed on Forms 4 by the SEC EDGAR filing system.