STWD

SEC source: 0001104659-17-043565 · a4.xml · nonDerivative · entry 1

STERNLICHT BARRY S · CIK 0001034657 · Director · CEO, Chairman of Board

10b5-1 filing: Not disclosed

Ownership: Indirect · By controlled entities

Disclosed balance after: 907,126

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: On June 30, 2017, SPT Management, LLC, the issuer's external manager (the "Manager"), acquired 139,583 shares of the issuer's common stock in connection with the vesting of (i) 56,250 restricted stock units of the restricted stock units originally granted to the Manager on May 18, 2015 as an award under the Starwood Property Trust, Inc. Manager Equity Plan (the "2015 RSUs") and (ii) 83,333 restricted stock units of the restricted stock units originally granted to the Manager on March 15, 2017 as an award under the Starwood Property Trust, Inc. Manager Equity Plan (the "2017 RSUs").

F2 · price: The remaining 2015 RSUs will vest ratably in quarterly installments through March 31, 2018 and the remaining 2017 RSUs will vest ratably in quarterly installments through March 31, 2020, in each case subject to the Manager's continued service as the issuer's external manager. As such restricted stock units vest, the awards will be settled in shares of the issuer's common stock promptly, but in no event later than 30 days, following the applicable quarterly vesting dates.

F3 · ownership.nature: Represents shares held by the Manager and SFIP, L.P. ("SFIP"). Starwood Capital Group Global, L.P. ("SCGG") is the sole member of the Manager. Mr. Sternlicht is the controlling partner of each of SFIP and SCGG.

SEC source: 0001104659-17-037285 · a4.xml · nonDerivative · entry 1

STERNLICHT BARRY S · CIK 0001034657 · Director · CEO, Chairman of Board

10b5-1 filing: Not disclosed

Ownership: Indirect · By controlled entities

Disclosed balance after: 767,543

F1 · shares: Represents shares of the issuer's common stock distributed by SPT Management, LLC, the issuer's external manager (the "Manager"), to certain employees and/or other persons having an affiliation with the Manager.

F2 · ownership.nature: Represents shares of the issuer's common stock held by the Manager and SFIP, L.P. ("SFIP"). Starwood Capital Group Global, L.P. ("SCGG") is the sole member of the Manager. Mr. Sternlicht is the controlling partner of each of SFIP and SCGG.

SEC source: 0001104659-17-037287 · a4.xml · nonDerivative · entry 1

Dishner Jeffrey G. · CIK 0001469667 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 242,545

F1 · shares: SPT Management, LLC, the issuer's external manager, distributed 6,174 shares of the issuer's common stock to Mr. Dishner.

SEC source: 0001104659-17-036267 · a4.xml · nonDerivative · entry 1

STERNLICHT BARRY S · CIK 0001034657 · Director · CEO, Chairman of Board

10b5-1 filing: Not disclosed

Ownership: Indirect · By controlled entities

Disclosed balance after: 891,021

F1 · shares: Represents shares of the issuer's common stock distributed by SPT Management, LLC, the issuer's external manager (the "Manager"), to a person having an affiliation with the Manager.

F2 · ownership.nature: Represents shares held by the Manager and SFIP, L.P. ("SFIP"). Starwood Capital Group Global, L.P. ("SCGG") is the sole member of the Manager. Mr. Sternlicht is the controlling partner of each of SFIP and SCGG.

SEC source: 0001104659-17-034023 · a4.xml · nonDerivative · entry 1

STERNLICHT BARRY S · CIK 0001034657 · Director · CEO, Chairman of Board

10b5-1 filing: Not disclosed

Ownership: Indirect · By controlled entities

Disclosed balance after: 1,741,033

F1 · price: Represents restricted shares of the issuer's common stock granted to SPT Management, LLC, the issuer's external manager (the "Manager"), as payment of 50% of the incentive fee as required by the Management Agreement between the issuer and the Manager.

F2 · ownership.nature: Represents shares held by the Manager and SFIP, L.P. ("SFIP"). Starwood Capital Group Global, L.P. ("SCGG") is the sole member of the Manager. Mr. Sternlicht is the controlling partner of each of SFIP and SCGG.

SEC source: 0001104659-17-032857 · a4.xml · nonDerivative · entry 1

Douglas Camille J. · CIK 0001480804 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 20,944

F1 · price: The price reported is the weighted average price of the transactions. The shares were sold in multiple transactions at prices ranging from $21.60 per share to $21.67 per share, inclusive. The reporting person undertakes to provide the SEC, the issuer and any security holder full information regarding the number of shares and the prices at which the shares were sold.

SEC source: 0001104659-17-023463 · a4.xml · nonDerivative · entry 1

STERNLICHT BARRY S · CIK 0001034657 · Director · CEO, Chairman of Board

10b5-1 filing: Not disclosed

Ownership: Indirect · By controlled entities

Disclosed balance after: 1,617,555

F1 · shares: Represents shares of the issuer's common stock distributed by SPT Management, LLC, the issuer's external manager (the "Manager"), to certain employees and/or other individuals having an affiliation with the Manager.

F2 · ownership.nature: Represents shares of the issuer's common stock held by the Manager and SFIP, L.P. ("SFIP"). Starwood Capital Group Global, L.P. ("SCGG") is the sole member of the Manager. Mr. Sternlicht is the controlling partner of each of SFIP and SCGG.

SEC source: 0001104659-17-023466 · a4.xml · nonDerivative · entry 1

Dishner Jeffrey G. · CIK 0001469667 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 236,371

F1 · shares: SPT Management, LLC, the issuer's external manager, granted 37,221 shares of the issuer's common stock to Mr. Dishner.

SEC source: 0001104659-17-021375 · a4.xml · nonDerivative · entry 1

STERNLICHT BARRY S · CIK 0001034657 · Director · CEO, Chairman of Board

10b5-1 filing: Not disclosed

Ownership: Indirect · By controlled entities

Disclosed balance after: 1,654,776

F1 · shares: Represents shares of the issuer's common stock distributed by SPT Management, LLC, the issuer's external manager (the "Manager"), to certain employees and/or other individuals having an affiliation with the Manager.

F2 · ownership.nature: Represents shares of the issuer's common stock held by the Manager and SFIP, L.P. ("SFIP"). Starwood Capital Group Global, L.P. ("SCGG") is the sole member of the Manager. Mr. Sternlicht is the controlling partner of each of SFIP and SCGG.

SEC source: 0001104659-17-020693 · a4.xml · derivative · entry 3

STERNLICHT BARRY S · CIK 0001034657 · Director · CEO, Chairman of Board

10b5-1 filing: Not disclosed

Ownership: Indirect · By controlled entities

Disclosed balance after: 1,225,001

Underlying: Common Stock · 56,250 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F4 · derivative.exercise_price: Each restricted stock unit represents a contingent right to receive one share of the issuer's common stock.

F1 · shares: On March 31, 2017, SPT Management, LLC, the issuer's external manager (the "Manager"), acquired 56,250 restricted stock units of the restricted stock units originally granted to the Manager on May 18, 2015 as an award under the Starwood Property Trust, Inc. Manager Equity Plan (the "2015 RSUs").

F2 · shares: The remaining 2015 RSUs will vest ratably in quarterly installments through March 31, 2018 and the restricted stock units originally granted to the Manager on March 15, 2017 as an award under the Starwood Property Trust, Inc. Manager Equity Plan (the "2017 RSUs") will vest ratably in quarterly installments through June 30, 2020, in each case subject to the Manager's continued service as the issuer's external manager. As such restricted stock units vest, the awards will be settled in shares of the issuer's common stock promptly, but in no event later than 30 days, following the applicable quarterly vesting dates.

F1 · derivative.exercise_date: On March 31, 2017, SPT Management, LLC, the issuer's external manager (the "Manager"), acquired 56,250 restricted stock units of the restricted stock units originally granted to the Manager on May 18, 2015 as an award under the Starwood Property Trust, Inc. Manager Equity Plan (the "2015 RSUs").

F2 · derivative.exercise_date: The remaining 2015 RSUs will vest ratably in quarterly installments through March 31, 2018 and the restricted stock units originally granted to the Manager on March 15, 2017 as an award under the Starwood Property Trust, Inc. Manager Equity Plan (the "2017 RSUs") will vest ratably in quarterly installments through June 30, 2020, in each case subject to the Manager's continued service as the issuer's external manager. As such restricted stock units vest, the awards will be settled in shares of the issuer's common stock promptly, but in no event later than 30 days, following the applicable quarterly vesting dates.

F1 · derivative.expiration_date: On March 31, 2017, SPT Management, LLC, the issuer's external manager (the "Manager"), acquired 56,250 restricted stock units of the restricted stock units originally granted to the Manager on May 18, 2015 as an award under the Starwood Property Trust, Inc. Manager Equity Plan (the "2015 RSUs").

F2 · derivative.expiration_date: The remaining 2015 RSUs will vest ratably in quarterly installments through March 31, 2018 and the restricted stock units originally granted to the Manager on March 15, 2017 as an award under the Starwood Property Trust, Inc. Manager Equity Plan (the "2017 RSUs") will vest ratably in quarterly installments through June 30, 2020, in each case subject to the Manager's continued service as the issuer's external manager. As such restricted stock units vest, the awards will be settled in shares of the issuer's common stock promptly, but in no event later than 30 days, following the applicable quarterly vesting dates.

F5 · balance_after: Represents the 675,000 2015 RSUs granted to the Manager and the 1,000,000 2017 RSUs granted to the Manager, less those restricted stock units that have already vested and been converted into shares of the issuer's common stock.

F3 · ownership.nature: Represents shares held by the Manager and SFIP, L.P. ("SFIP"). Starwood Capital Group Global, L.P. ("SCGG") is the sole member of the Manager. Mr. Sternlicht is the controlling partner of each of SFIP and SCGG.

SEC source: 0001104659-17-020693 · a4.xml · nonDerivative · entry 1

STERNLICHT BARRY S · CIK 0001034657 · Director · CEO, Chairman of Board

10b5-1 filing: Not disclosed

Ownership: Indirect · By controlled entities

Disclosed balance after: 1,810,306

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: On March 31, 2017, SPT Management, LLC, the issuer's external manager (the "Manager"), acquired 56,250 restricted stock units of the restricted stock units originally granted to the Manager on May 18, 2015 as an award under the Starwood Property Trust, Inc. Manager Equity Plan (the "2015 RSUs").

F2 · price: The remaining 2015 RSUs will vest ratably in quarterly installments through March 31, 2018 and the restricted stock units originally granted to the Manager on March 15, 2017 as an award under the Starwood Property Trust, Inc. Manager Equity Plan (the "2017 RSUs") will vest ratably in quarterly installments through June 30, 2020, in each case subject to the Manager's continued service as the issuer's external manager. As such restricted stock units vest, the awards will be settled in shares of the issuer's common stock promptly, but in no event later than 30 days, following the applicable quarterly vesting dates.

F3 · ownership.nature: Represents shares held by the Manager and SFIP, L.P. ("SFIP"). Starwood Capital Group Global, L.P. ("SCGG") is the sole member of the Manager. Mr. Sternlicht is the controlling partner of each of SFIP and SCGG.

SEC source: 0001104659-17-019672 · a4.xml · nonDerivative · entry 1

Sossen Andrew Jay · CIK 0001373646 · COO and General Counsel

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 119,376

F1 · security: Starwood Property Trust, Inc. (the "Company") granted restricted shares of the Company's common stock (the "Restricted Shares") to Mr. Sossen pursuant to the Starwood Property Trust, Inc. Equity Plan. The Restricted Shares will vest as to Mr. Sossen in annual installments over a three-year period that was deemed to begin on March 15, 2017, subject to certain conditions.

F1 · price: Starwood Property Trust, Inc. (the "Company") granted restricted shares of the Company's common stock (the "Restricted Shares") to Mr. Sossen pursuant to the Starwood Property Trust, Inc. Equity Plan. The Restricted Shares will vest as to Mr. Sossen in annual installments over a three-year period that was deemed to begin on March 15, 2017, subject to certain conditions.

SEC source: 0001104659-17-019994 · a4.xml · nonDerivative · entry 1

STERNLICHT BARRY S · CIK 0001034657 · Director · CEO, Chairman of Board

10b5-1 filing: Not disclosed

Ownership: Indirect · By controlled entities

Disclosed balance after: 1,754,056

F1 · shares: Represents shares of the issuer's common stock distributed by SPT Management, LLC, the issuer's external manager (the "Manager"), to certain employees and/or other individuals having an affiliation with the Manager.

F2 · ownership.nature: Represents shares of the issuer's common stock held by the Manager and SFIP, L.P. ("SFIP"). Starwood Capital Group Global, L.P. ("SCGG") is the sole member of the Manager. Mr. Sternlicht is the controlling partner of each of SFIP and SCGG.

SEC source: 0001104659-17-017600 · a4.xml · derivative · entry 1

STERNLICHT BARRY S · CIK 0001034657 · Director · CEO, Chairman of Board

10b5-1 filing: Not disclosed

Ownership: Indirect · By controlled entities

Disclosed balance after: 1,281,251

Underlying: Common Stock · 1,000,000 shares

Expires not disclosed

F1 · derivative.exercise_price: Each restricted stock unit represents a contingent right to receive one share of the issuer's common stock.

F2 · shares: On March 15, 2017, the issuer granted SPT Management, LLC, the issuer's external manager (the "Manager"), an award under the Starwood Property Trust, Inc. Manager Equity Plan consisting of 1,000,000 restricted stock units (the "2017 RSUs"). The 2017 RSUs vest ratably in quarterly installments over a three-year period beginning on June 30, 2017, subject to the Manager's continued service as the issuer's external manager. As such 2017 RSUs vest, the award will be settled in shares of the issuer's common stock promptly, but in no event later than 30 days, following the applicable quarterly vesting date.

F2 · derivative.exercise_date: On March 15, 2017, the issuer granted SPT Management, LLC, the issuer's external manager (the "Manager"), an award under the Starwood Property Trust, Inc. Manager Equity Plan consisting of 1,000,000 restricted stock units (the "2017 RSUs"). The 2017 RSUs vest ratably in quarterly installments over a three-year period beginning on June 30, 2017, subject to the Manager's continued service as the issuer's external manager. As such 2017 RSUs vest, the award will be settled in shares of the issuer's common stock promptly, but in no event later than 30 days, following the applicable quarterly vesting date.

F2 · derivative.expiration_date: On March 15, 2017, the issuer granted SPT Management, LLC, the issuer's external manager (the "Manager"), an award under the Starwood Property Trust, Inc. Manager Equity Plan consisting of 1,000,000 restricted stock units (the "2017 RSUs"). The 2017 RSUs vest ratably in quarterly installments over a three-year period beginning on June 30, 2017, subject to the Manager's continued service as the issuer's external manager. As such 2017 RSUs vest, the award will be settled in shares of the issuer's common stock promptly, but in no event later than 30 days, following the applicable quarterly vesting date.

F3 · balance_after: Represents (i) the 675,000 restricted stock units originally granted to the Manager on May 18, 2015 as an award under the Starwood Property Trust, Inc. Manager Equity Plan (the "2015 RSUs") and (ii) the 1,000,000 2017 RSUs granted to the Manager, less those restricted stock units that have already vested and been converted into shares of the issuer's common stock.

F4 · balance_after: The remaining 2015 RSUs will vest ratably in quarterly installments through March 31, 2018, subject to the Manager's continued service as the issuer's external manager. As such restricted stock units vest, the award will be settled in shares of the issuer's common stock promptly, but in no event later than 30 days, following the applicable quarterly vesting date.

F5 · ownership.nature: Represents shares held by the Manager and SFIP, L.P. ("SFIP"). Starwood Capital Group Global, L.P. ("SCGG") is the sole member of the Manager. Mr. Sternlicht is the controlling partner of each of SFIP and SCGG.

SEC source: 0001104659-17-017618 · a4.xml · nonDerivative · entry 1

DiModica Jeffrey F. · CIK 0001469654 · President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 197,057

F1 · security: Starwood Property Trust, Inc. (the "Company") granted restricted shares of the Company's common stock (the "Restricted Shares") to Mr. DiModica pursuant to the Starwood Property Trust, Inc. Equity Plan. The Restricted Shares will vest as to Mr. DiModica in annual installments over a three-year period that began on March 15, 2017, subject to certain conditions.

F1 · price: Starwood Property Trust, Inc. (the "Company") granted restricted shares of the Company's common stock (the "Restricted Shares") to Mr. DiModica pursuant to the Starwood Property Trust, Inc. Equity Plan. The Restricted Shares will vest as to Mr. DiModica in annual installments over a three-year period that began on March 15, 2017, subject to certain conditions.

SEC source: 0001104659-17-017622 · a4.xml · nonDerivative · entry 2

Paniry Rina · CIK 0001607671 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 106,893

F2 · security: The Company granted restricted shares of the Company's common stock to Ms. Paniry pursuant to the Starwood Property Trust, Inc. Equity Plan. Such restricted shares of the Company's common stock will vest as to Ms. Paniry in annual installments over a three-year period that was deemed to begin on March 15, 2017, subject to certain conditions.

F2 · price: The Company granted restricted shares of the Company's common stock to Ms. Paniry pursuant to the Starwood Property Trust, Inc. Equity Plan. Such restricted shares of the Company's common stock will vest as to Ms. Paniry in annual installments over a three-year period that was deemed to begin on March 15, 2017, subject to certain conditions.

SEC source: 0001104659-17-011986 · a4.xml · nonDerivative · entry 1

STERNLICHT BARRY S · CIK 0001034657 · Director · CEO, Chairman of Board

10b5-1 filing: Not disclosed

Ownership: Indirect · By controlled entities

Disclosed balance after: 1,783,221

F1 · price: Represents restricted shares of the issuer's common stock granted to SPT Management, LLC, the issuer's external manager (the "Manager"), as payment of 50% of the incentive fee as required by the Management Agreement between the issuer and the Manager.

F2 · ownership.nature: Represents shares held by the Manager and SFIP, L.P. ("SFIP"). Starwood Capital Group Global, L.P. ("SCGG") is the sole member of the Manager. Mr. Sternlicht is the controlling partner of each of SFIP and SCGG.

SEC source: 0001104659-17-000563 · a4.xml · derivative · entry 3

STERNLICHT BARRY S · CIK 0001034657 · Director · CEO, Chairman of Board

10b5-1 filing: Not disclosed

Ownership: Indirect · By controlled entities

Disclosed balance after: 281,251

Underlying: Common Stock · 255,400 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F5 · derivative.exercise_price: Each restricted stock unit represents a contingent right to receive one share of the issuer's common stock.

F1 · shares: On December 31, 2016, SPT Management, LLC, the issuer's external manager (the "Manager"), acquired 255,400 shares of the issuer's common stock in connection with the vesting of (i) 166,666 restricted stock units of the restricted stock units originally granted to the Manager on January 2, 2014 as an award under the Starwood Property Trust, Inc. Manager Equity Plan (the "2014 RSUs"), (ii) 32,484 restricted stock units of the restricted stock units originally granted to the Manager on January 31, 2014 as an award under the Starwood Property Trust, Inc. Manager Equity Plan in connection with the distribution of common shares of Colony Starwood Homes (formerly known as Starwood Waypoint Residential Trust) to holders of shares of the issuer's common stock on January 24, 2014 (the "Distribution RSUs") and (continued in Footnote 2 below)

F2 · shares: (iii) 56,250 restricted stock units of the restricted stock units originally granted to the Manager on May 18, 2015 as an award under the Starwood Property Trust, Inc. Manager Equity Plan (the "2015 RSUs").

F3 · shares: The remaining 2015 RSUs will vest ratably in quarterly installments through March 31, 2018, subject to the Manager's continued service as the issuer's external manager. As such restricted stock units vest, the award will be settled in shares of the issuer's common stock promptly, but in no event later than 30 days, following the applicable quarterly vesting date.

F1 · derivative.exercise_date: On December 31, 2016, SPT Management, LLC, the issuer's external manager (the "Manager"), acquired 255,400 shares of the issuer's common stock in connection with the vesting of (i) 166,666 restricted stock units of the restricted stock units originally granted to the Manager on January 2, 2014 as an award under the Starwood Property Trust, Inc. Manager Equity Plan (the "2014 RSUs"), (ii) 32,484 restricted stock units of the restricted stock units originally granted to the Manager on January 31, 2014 as an award under the Starwood Property Trust, Inc. Manager Equity Plan in connection with the distribution of common shares of Colony Starwood Homes (formerly known as Starwood Waypoint Residential Trust) to holders of shares of the issuer's common stock on January 24, 2014 (the "Distribution RSUs") and (continued in Footnote 2 below)

F2 · derivative.exercise_date: (iii) 56,250 restricted stock units of the restricted stock units originally granted to the Manager on May 18, 2015 as an award under the Starwood Property Trust, Inc. Manager Equity Plan (the "2015 RSUs").

F3 · derivative.exercise_date: The remaining 2015 RSUs will vest ratably in quarterly installments through March 31, 2018, subject to the Manager's continued service as the issuer's external manager. As such restricted stock units vest, the award will be settled in shares of the issuer's common stock promptly, but in no event later than 30 days, following the applicable quarterly vesting date.

F1 · derivative.expiration_date: On December 31, 2016, SPT Management, LLC, the issuer's external manager (the "Manager"), acquired 255,400 shares of the issuer's common stock in connection with the vesting of (i) 166,666 restricted stock units of the restricted stock units originally granted to the Manager on January 2, 2014 as an award under the Starwood Property Trust, Inc. Manager Equity Plan (the "2014 RSUs"), (ii) 32,484 restricted stock units of the restricted stock units originally granted to the Manager on January 31, 2014 as an award under the Starwood Property Trust, Inc. Manager Equity Plan in connection with the distribution of common shares of Colony Starwood Homes (formerly known as Starwood Waypoint Residential Trust) to holders of shares of the issuer's common stock on January 24, 2014 (the "Distribution RSUs") and (continued in Footnote 2 below)

F2 · derivative.expiration_date: (iii) 56,250 restricted stock units of the restricted stock units originally granted to the Manager on May 18, 2015 as an award under the Starwood Property Trust, Inc. Manager Equity Plan (the "2015 RSUs").

F3 · derivative.expiration_date: The remaining 2015 RSUs will vest ratably in quarterly installments through March 31, 2018, subject to the Manager's continued service as the issuer's external manager. As such restricted stock units vest, the award will be settled in shares of the issuer's common stock promptly, but in no event later than 30 days, following the applicable quarterly vesting date.

F6 · balance_after: Represents the 675,000 2015 RSUs granted to the Manager, less those restricted stock units that have already vested and been converted into shares of common stock.

F4 · ownership.nature: Represents shares held by the Manager and SFIP, L.P. ("SFIP"). Starwood Capital Group Global, L.P. ("SCGG") is the sole member of the Manager. Mr. Sternlicht is the controlling partner of each of SFIP and SCGG.

SEC source: 0001104659-17-000563 · a4.xml · nonDerivative · entry 1

STERNLICHT BARRY S · CIK 0001034657 · Director · CEO, Chairman of Board

10b5-1 filing: Not disclosed

Ownership: Indirect · By controlled entities

Disclosed balance after: 1,365,205

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: On December 31, 2016, SPT Management, LLC, the issuer's external manager (the "Manager"), acquired 255,400 shares of the issuer's common stock in connection with the vesting of (i) 166,666 restricted stock units of the restricted stock units originally granted to the Manager on January 2, 2014 as an award under the Starwood Property Trust, Inc. Manager Equity Plan (the "2014 RSUs"), (ii) 32,484 restricted stock units of the restricted stock units originally granted to the Manager on January 31, 2014 as an award under the Starwood Property Trust, Inc. Manager Equity Plan in connection with the distribution of common shares of Colony Starwood Homes (formerly known as Starwood Waypoint Residential Trust) to holders of shares of the issuer's common stock on January 24, 2014 (the "Distribution RSUs") and (continued in Footnote 2 below)

F2 · price: (iii) 56,250 restricted stock units of the restricted stock units originally granted to the Manager on May 18, 2015 as an award under the Starwood Property Trust, Inc. Manager Equity Plan (the "2015 RSUs").

F3 · price: The remaining 2015 RSUs will vest ratably in quarterly installments through March 31, 2018, subject to the Manager's continued service as the issuer's external manager. As such restricted stock units vest, the award will be settled in shares of the issuer's common stock promptly, but in no event later than 30 days, following the applicable quarterly vesting date.

F4 · ownership.nature: Represents shares held by the Manager and SFIP, L.P. ("SFIP"). Starwood Capital Group Global, L.P. ("SCGG") is the sole member of the Manager. Mr. Sternlicht is the controlling partner of each of SFIP and SCGG.

SEC source: 0001104659-17-015822 · a4.xml · nonDerivative · entry 1

Dishner Jeffrey G. · CIK 0001469667 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 199,150

F1 · shares: Represents shares of the issuer's common stock contributed as a charitable gift from Mr. Dishner to a charitable foundation. The market closing price of the issuer's common stock on the date of such gift was $22.24, but Mr. Dishner did not receive any value for the gift of these shares. Mr. Dishner specifically disclaims any beneficial ownership in these shares. This gift is being reported late due to an inadvertent administrative error.

F1 · price: Represents shares of the issuer's common stock contributed as a charitable gift from Mr. Dishner to a charitable foundation. The market closing price of the issuer's common stock on the date of such gift was $22.24, but Mr. Dishner did not receive any value for the gift of these shares. Mr. Dishner specifically disclaims any beneficial ownership in these shares. This gift is being reported late due to an inadvertent administrative error.

F2 · balance_after: The amount of securities beneficially owned by Mr. Dishner was inadvertently overstated by 626 shares of the issuer's common stock in previous Forms 4. The amount shown here has corrected this error.

SEC source: 0001104659-16-157261 · a4.xml · nonDerivative · entry 1

STERNLICHT BARRY S · CIK 0001034657 · Director · CEO, Chairman of Board

10b5-1 filing: Not disclosed

Ownership: Indirect · By controlled entities

Disclosed balance after: 1,109,805

F1 · price: Represents restricted shares of the issuer's common stock granted to SPT Management, LLC, the issuer's external manager (the "Manager"), as payment of 50% of the incentive fee as required by the Management Agreement between the issuer and the Manager.

F2 · ownership.nature: Represents shares held by the Manager and SFIP, L.P. ("SFIP"). Starwood Capital Group Global, L.P. ("SCGG") is the sole member of the Manager. Mr. Sternlicht is the controlling partner of each of SFIP and SCGG.

SEC source: 0001104659-16-150548 · a4.xml · nonDerivative · entry 1

Douglas Camille J. · CIK 0001480804 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 25,444

F1 · security: Represents restricted shares of the issuer's common stock vesting on October 13, 2017.

F2 · price: The issuer granted these shares to Ms. Douglas pursuant to the Starwood Property Trust, Inc. Non-Executive Director Stock Plan.

SEC source: 0001104659-16-150547 · a4.xml · nonDerivative · entry 1

Bronson Richard D. · CIK 0001469656 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 34,444

F1 · security: Represents restricted shares of the issuer's common stock vesting on October 13, 2017.

F2 · price: The issuer granted these shares to Mr. Bronson pursuant to the Starwood Property Trust, Inc. Non-Executive Director Stock Plan.

SEC source: 0001104659-16-150551 · a4.xml · nonDerivative · entry 1

ZELNICK STRAUSS · CIK 0001223489 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 28,044

F1 · security: Represents restricted shares of the issuer's common stock vesting on October 13, 2017.

F2 · price: The issuer granted these shares to Mr. Zelnick pursuant to the Starwood Property Trust, Inc. Non-Executive Director Stock Plan.

SEC source: 0001104659-16-150550 · a4.xml · nonDerivative · entry 1

Kumin Solomon J. · CIK 0001613896 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 15,152

F1 · security: Represents restricted shares of the issuer's common stock vesting on October 13, 2017.

F2 · price: The issuer granted these shares to Mr. Kumin pursuant to the Starwood Property Trust, Inc. Non-Executive Director Stock Plan.

SEC source: 0001104659-16-148571 · a4.xml · derivative · entry 3

STERNLICHT BARRY S · CIK 0001034657 · Director · CEO, Chairman of Board

10b5-1 filing: Not disclosed

Ownership: Indirect · By controlled entities

Disclosed balance after: 536,651

Underlying: Common Stock · 255,400 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F5 · derivative.exercise_price: Each restricted stock unit represents a contingent right to receive one share of the issuer's common stock.

F1 · shares: On September 30, 2016, SPT Management, LLC, the issuer's external manager (the "Manager"), acquired 255,400 shares of the issuer's common stock in connection with the vesting of (i) 166,666 restricted stock units of the restricted stock units originally granted to the Manager on January 2, 2014 as an award under the Starwood Property Trust, Inc. Manager Equity Plan (the "2014 RSUs"), (ii) 32,484 restricted stock units of the restricted stock units originally granted to the Manager on January 31, 2014 as an award under the Starwood Property Trust, Inc. Manager Equity Plan in connection with the distribution of common shares of Starwood Waypoint Residential Trust to holders of shares of the issuer's common stock on January 24, 2014 (the "Distribution RSUs") and (continued in Footnote 2 below)

F2 · shares: (iii) 56,250 restricted stock units of the restricted stock units originally granted to the Manager on May 18, 2015 as an award under the Starwood Property Trust, Inc. Manager Equity Plan (the "2015 RSUs").

F3 · shares: The remaining 2014 RSUs and 2015 RSUs will vest ratably in quarterly installments through December 31, 2016 and March 31, 2018, respectively, in each case subject to the Manager's continued service as the issuer's external manager. The remaining Distribution RSUs will vest ratably in quarterly installments on the same schedule applicable to the 2014 RSUs held by the Manager as of the grant date, subject to the Manager's continued service as the issuer's external manager. In each case as such restricted stock units vest, the award will be settled in shares of the issuer's common stock promptly, but in no event later than 30 days, following the applicable quarterly vesting date.

F1 · derivative.exercise_date: On September 30, 2016, SPT Management, LLC, the issuer's external manager (the "Manager"), acquired 255,400 shares of the issuer's common stock in connection with the vesting of (i) 166,666 restricted stock units of the restricted stock units originally granted to the Manager on January 2, 2014 as an award under the Starwood Property Trust, Inc. Manager Equity Plan (the "2014 RSUs"), (ii) 32,484 restricted stock units of the restricted stock units originally granted to the Manager on January 31, 2014 as an award under the Starwood Property Trust, Inc. Manager Equity Plan in connection with the distribution of common shares of Starwood Waypoint Residential Trust to holders of shares of the issuer's common stock on January 24, 2014 (the "Distribution RSUs") and (continued in Footnote 2 below)

F2 · derivative.exercise_date: (iii) 56,250 restricted stock units of the restricted stock units originally granted to the Manager on May 18, 2015 as an award under the Starwood Property Trust, Inc. Manager Equity Plan (the "2015 RSUs").

F3 · derivative.exercise_date: The remaining 2014 RSUs and 2015 RSUs will vest ratably in quarterly installments through December 31, 2016 and March 31, 2018, respectively, in each case subject to the Manager's continued service as the issuer's external manager. The remaining Distribution RSUs will vest ratably in quarterly installments on the same schedule applicable to the 2014 RSUs held by the Manager as of the grant date, subject to the Manager's continued service as the issuer's external manager. In each case as such restricted stock units vest, the award will be settled in shares of the issuer's common stock promptly, but in no event later than 30 days, following the applicable quarterly vesting date.

F1 · derivative.expiration_date: On September 30, 2016, SPT Management, LLC, the issuer's external manager (the "Manager"), acquired 255,400 shares of the issuer's common stock in connection with the vesting of (i) 166,666 restricted stock units of the restricted stock units originally granted to the Manager on January 2, 2014 as an award under the Starwood Property Trust, Inc. Manager Equity Plan (the "2014 RSUs"), (ii) 32,484 restricted stock units of the restricted stock units originally granted to the Manager on January 31, 2014 as an award under the Starwood Property Trust, Inc. Manager Equity Plan in connection with the distribution of common shares of Starwood Waypoint Residential Trust to holders of shares of the issuer's common stock on January 24, 2014 (the "Distribution RSUs") and (continued in Footnote 2 below)

F2 · derivative.expiration_date: (iii) 56,250 restricted stock units of the restricted stock units originally granted to the Manager on May 18, 2015 as an award under the Starwood Property Trust, Inc. Manager Equity Plan (the "2015 RSUs").

F3 · derivative.expiration_date: The remaining 2014 RSUs and 2015 RSUs will vest ratably in quarterly installments through December 31, 2016 and March 31, 2018, respectively, in each case subject to the Manager's continued service as the issuer's external manager. The remaining Distribution RSUs will vest ratably in quarterly installments on the same schedule applicable to the 2014 RSUs held by the Manager as of the grant date, subject to the Manager's continued service as the issuer's external manager. In each case as such restricted stock units vest, the award will be settled in shares of the issuer's common stock promptly, but in no event later than 30 days, following the applicable quarterly vesting date.

F6 · balance_after: Represents the 2,000,000 2014 RSUs granted to the Manager, the 489,281 Distribution RSUs granted to the Manager and the 675,000 2015 RSUs granted to the Manager, less those restricted stock units that have already vested and been converted into shares of common stock.

F4 · ownership.nature: Represents shares held by the Manager and SFIP, L.P. ("SFIP"). Starwood Capital Group Global, L.P. ("SCGG") is the sole member of the Manager. Mr. Sternlicht is the controlling partner of each of SFIP and SCGG.

SEC source: 0001104659-16-148571 · a4.xml · nonDerivative · entry 1

STERNLICHT BARRY S · CIK 0001034657 · Director · CEO, Chairman of Board

10b5-1 filing: Not disclosed

Ownership: Indirect · By controlled entities

Disclosed balance after: 2,464,795

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: On September 30, 2016, SPT Management, LLC, the issuer's external manager (the "Manager"), acquired 255,400 shares of the issuer's common stock in connection with the vesting of (i) 166,666 restricted stock units of the restricted stock units originally granted to the Manager on January 2, 2014 as an award under the Starwood Property Trust, Inc. Manager Equity Plan (the "2014 RSUs"), (ii) 32,484 restricted stock units of the restricted stock units originally granted to the Manager on January 31, 2014 as an award under the Starwood Property Trust, Inc. Manager Equity Plan in connection with the distribution of common shares of Starwood Waypoint Residential Trust to holders of shares of the issuer's common stock on January 24, 2014 (the "Distribution RSUs") and (continued in Footnote 2 below)

F2 · price: (iii) 56,250 restricted stock units of the restricted stock units originally granted to the Manager on May 18, 2015 as an award under the Starwood Property Trust, Inc. Manager Equity Plan (the "2015 RSUs").

F3 · price: The remaining 2014 RSUs and 2015 RSUs will vest ratably in quarterly installments through December 31, 2016 and March 31, 2018, respectively, in each case subject to the Manager's continued service as the issuer's external manager. The remaining Distribution RSUs will vest ratably in quarterly installments on the same schedule applicable to the 2014 RSUs held by the Manager as of the grant date, subject to the Manager's continued service as the issuer's external manager. In each case as such restricted stock units vest, the award will be settled in shares of the issuer's common stock promptly, but in no event later than 30 days, following the applicable quarterly vesting date.

F4 · ownership.nature: Represents shares held by the Manager and SFIP, L.P. ("SFIP"). Starwood Capital Group Global, L.P. ("SCGG") is the sole member of the Manager. Mr. Sternlicht is the controlling partner of each of SFIP and SCGG.

SEC source: 0001104659-17-017622 · a4.xml · nonDerivative · entry 1

Paniry Rina · CIK 0001607671 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 77,666

F1 · security: Starwood Property Trust, Inc. (the "Company") granted restricted shares of the Company's common stock to Ms. Paniry pursuant to the Starwood Property Trust, Inc. Equity Plan. Such restricted shares of the Company's common stock will vest as to Ms. Paniry in annual installments over a three-year period that was deemed to begin on March 15, 2016, subject to certain conditions. This transaction is being reported late due to an inadvertent administrative error.

F1 · price: Starwood Property Trust, Inc. (the "Company") granted restricted shares of the Company's common stock to Ms. Paniry pursuant to the Starwood Property Trust, Inc. Equity Plan. Such restricted shares of the Company's common stock will vest as to Ms. Paniry in annual installments over a three-year period that was deemed to begin on March 15, 2016, subject to certain conditions. This transaction is being reported late due to an inadvertent administrative error.