Accession Number: | 0001104659-20-077486 |
Date: | 2020-06-25 |
Issuer: | LADDER CAPITAL CORP (LADR) |
Original Submission Date: |
MCCORMACK PAMELA
C/O LADDER CAPITAL CORP
345 PARK AVE, 8TH FL
NEW YORK,, NY 10154
Title of Security | Transaction Date | 2a. Deemed Execution Date | Transaction Code | Shares | Acquired or Disposed | Price per share | 5. Amount of Securities Beneficially Owned Following Reported Transaction | 6. Ownership Form Direct or Indirect | Nature of Indirect Ownership |
---|---|---|---|---|---|---|---|---|---|
CLASS A COMMON STOCK | 2020-06-25 | C | 327,691 | a | $0.00 | 593,985 | direct | ||
CLASS A COMMON STOCK | 2020-06-25 | 0 | $0.00 | 253,600 | indirect |
Title of Derivative Security | Conversion or Exercise Price of Derivative Security | Transaction Date | Deemed Execution Date | Transaction Code | Number of Derivative Securities Acquired (A) or Disposed of (D) | Date Exercisable | Expiration Date | Title and Amount of Securities Underlying Derivative Security | Price of Derivative Security | Number of derivative Securities Beneficially Owned Following Reported Transaction(s) | Ownership Form: Direct (D) or Indirect (I) | Nature of Indirect Beneficial Ownership |
---|---|---|---|---|---|---|---|---|---|---|---|---|
UNITS AND CLASS B COMMON STOCK | 0.0 | 2020-06-25 | deemed execution date | C | 327,691 (d) | class a common stock 327,691 | $0.00 | 0 | direct |
ID | footnote |
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f1 | the reporting person converted 327,691 shares of class b common stock and an equal number of ladder capital finance holdings lllp ("lcfh") units into 327,691 shares of class a common stock. |
f2 | holders of lcfh 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. |
f3 | the reporting person disclaims beneficial ownership of the shares held by mccormack investors llc, and this report should not be deemed an admission that the reporting person is the beneficial owner of shares held by mccormack investors llc for purposes of section 16 or for any other purpose. |