Franklin BSP Realty Trust (FBRT) executive Byrne received 72,999 shares

Insider transactions reported

Richard J Byrne (executive at Franklin BSP Realty Trust Inc., FBRT) reported that they received 72,999 shares, and gave up 11,397 shares at $14.24 to cover taxes or an exercise price on Jan 27, 2023. After these transactions the filing shows 285,303 shares held directly.

Reporting person

Byrne Richard J

Holdings before and after

• Common Stock: 223,701 to 285,303 direct

Footnotes from the filing

1. 1. Represents shares of common stock withheld to satisfy tax withholding obligations incident to the vesting of restricted stock units ( RSUs ) awarded to the reporting person on January 27, 2022.
2. 2. Ownership total reflects the impact of the automatic conversion of the Issuer's Series F Convertible Preferred Stock into common stock on April 19, 2022, for no consideration, as well as shares issued pursuant to the Issuer's distribution reinvestment plan (DRIP).
3. 3. Represents RSUs granted to the reporting person pursuant to the Issuer's 2021 Equity Incentive Plan. The RSUs will vest in three equal annual installments beginning on the first anniversary of the grant date, subject to the reporting person's continued qualifying service. One share of the Issuer's common stock will be issued for each RSU upon vesting.

Transaction codes in this filing

Grant or award:

Code A marks a grant or award from the company under an exempt employee or director plan. Usually nothing is paid for it.

Shares withheld for taxes or exercise price:

Code F marks shares handed back or withheld to pay taxes or an exercise price. No sale happens in the market.

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