Ladder Capital Corp — Director's Dealing 2017

Dec 29, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Ladder Capital Corp (LADR)
CIK: 0001577670
Period of Report: 2017-12-27

Reporting Person: Harney Thomas (Head-Merchant Banking & Cap Mk)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-12-27	Class A Common Stock	C	224299	—	Acquired	456506	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-12-27	Units and Class B Common Stock	$	C	224299	Disposed		Class A Common Stock (224299)	Direct

Footnotes

F1: The reporting person converted 224,299 shares of Class B Common Stock ("Class B Common Stock") of Ladder Capital Corp ("LCC") and units of Series REIT and Series TRS of Ladder Capital Finance Holdings LLLP ("units") into 224,299 shares of Class A Common Stock ("Class A Common Stock") of LCC (the "Conversion"). No cash or other consideration was exchanged in connection with the Conversion.

F2: Holders of units and Class B Common Stock may from time to time exchange such 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. The units and Class B Common Stock together are convertible at the holder's election at any time, and the conversion right has no expiration date.