Stephen G. Kasnet - Dec 31, 2021 Form 4 Insider Report for Granite Point Mortgage Trust Inc. (GPMT)

Role: Director
Signature: /s/ Michael J. Karber, as attorney-in-fact for Stephen G. Kasnet
Stock symbol: GPMT
Transactions as of: Dec 31, 2021
Transactions value $: -$61,536
Form type: 4
Date filed: 1/3/2022, 08:12 PM
Previous filing: Jun 3, 2021
Next filing: May 19, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	GPMT	Common Stock	Options Exercise		+15K	+38.06%		54.5K	Dec 31, 2021	Direct	F1
transaction	GPMT	Common Stock	Tax liability	-$61.5K	-5.26K	-9.65%	$11.71	49.2K	Dec 31, 2021	Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	GPMT	Restricted Stock Units	Options Exercise	$0	-15K	-100%	$0.00^*	0	Dec 31, 2021	Common Stock	15K	$0.00	Direct	F1, F2

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

Explanation of Responses:

Id	Content
F1	Restricted stock units convert into common stock on a one-for-one basis.
F2	On December 31, 2020, the reporting person was granted 15,015 stock units under the Granite Point Mortgage Trust Inc. 2017 Equity Incentive Plan, which vested in full on the first anniversary of the grant date.