Martin L. Edelman - Jan 13, 2023 Form 4 Insider Report for BLACKSTONE MORTGAGE TRUST, INC. (BXMT)

Role: Director
Signature: /s/ Anthony F. Marone, Jr., Attorney-In-Fact
Stock symbol: BXMT
Transactions as of: Jan 13, 2023
Transactions value $: $63,442
Form type: 4
Date filed: 1/17/2023, 05:14 PM
Previous filing: Oct 18, 2022
Next filing: Jun 14, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BXMT	Class A Common Stock	Award	$63.4K	+2.72K	+2.63%	$23.35	106K	Jan 13, 2023	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents Class A Common Stock Units in lieu of dividends payable on Class A Common Stock Units owned by the Reporting Person, which convert to shares of Class A Common Stock on a one-for-one basis. The number of Class A Common Stock Units was calculated by dividing (1) the product of the number of Class A Common Stock Units owned by the Reporting Person and the $0.62 per share dollar amount of the Class A Common Stock dividend paid by the Company on January 13, 2023 by (2) the closing price of the Company's Class A Common Stock on January 13, 2023.

Content

Represents Class A Common Stock Units in lieu of dividends payable on Class A Common Stock Units owned by the Reporting Person, which convert to shares of Class A Common Stock on a one-for-one basis. The number of Class A Common Stock Units was calculated by dividing (1) the product of the number of Class A Common Stock Units owned by the Reporting Person and the $0.62 per share dollar amount of the Class A Common Stock dividend paid by the Company on January 13, 2023 by (2) the closing price of the Company's Class A Common Stock on January 13, 2023.