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Ladder Capital Corp — Director's Dealing 2015
Apr 20, 2015
31956_dirs_2015-04-20_d4f6ea4d-a8b4-43bf-bec1-bd6671df810a.zip
Director's Dealing
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SEC Form 4/A — Form 4/A
Issuer: Ladder Capital Corp (LDR)
CIK: 0001577670
Period of Report: 2014-02-11
Reporting Person: Mazzei Michael (President)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2014-02-11 | Units and Class B common stock | $ | J | 423084 | Acquired | Class A common stock (423084) | Direct |
Footnotes
F1: This amendment is being made to remove Units and Class B common stock erroneously listed on Mr. Mazzei's prior Form 4 filing as being indirectly beneficially owned by Mr. Mazzei. This line is being re-reported solely to gain access to the reporting system and no changes have been made thereto.
F2: Included new LP units in Lader Capital Finance Holdings LLLP (the "LP Units") and Class B common stock of Ladder Capital Comp ("LCC") (the "Class B Common Stock ") exchangeable into Class A common stock of LCC (the "Class A Common Stock").
F3: Pursuant to the Amended and Restated LLLP Agreement entered into in connection with the closing of the initial public offering of LCC (the "IPO") holders of the LP Units and Class B Common Stock issued in connection with the reorganization, which occured immediately prior to the consummation of the IPO, may from time to time exchange LP 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.
F4: The LP Units and Class B Common Stock together are convertible at Mr. Mazzei's election at any time after its issuance. This conversion right has no expiration rate.