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Investment decisions with respect to the Shares are made by The Durst Manager LLC. SRDA Manager, LLC is the managing member of The Durst Manager LLC and Mr. Durst is Chairman of SRDA Manager, LLC. As a result, Mr. Durst may be deemed to have voting and dispositive power with respect to the Shares that are held directly by The Durst Company LLC."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F1","text":"The reported transfer of shares of Class A Common Stock (\"Shares\") from the Seymour Holding Corporation to The Durst Company LLC, each of which are indirectly controlled by the Reporting Person, was based on FMV on the date of such transfer but does not represent a change in the Reporting Person's pecuniary interest."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F2","text":"The reported securities, which were previously reported as held by the Seymour Holding Corporation, are held directly by The Durst Company LLC which is indirectly held by trusts for the benefit of the Reporting Person and family members of the Reporting Person. Investment decisions with respect to the Shares are made by The Durst Manager LLC. SRDA Manager, LLC is the managing member of The Durst Manager LLC and Mr. Durst is Chairman of SRDA Manager, LLC. 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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."},{"field":"price","element":"transactionPricePerShare","label":"F1","text":"The reporting person converted 3,537,349  shares of Class B Common Stock and an equal number of Ladder Capital Finance Holdings LLLP (\"LCFH\") units into 3,537,349  shares of Class A Common Stock."},{"field":"price","element":"transactionPricePerShare","label":"F2","text":"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."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F1","text":"The reporting person converted 3,537,349  shares of Class B Common Stock and an equal number of Ladder Capital Finance Holdings LLLP (\"LCFH\") units into 3,537,349  shares of Class A Common Stock."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F2","text":"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."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F1","text":"The reporting person converted 3,537,349  shares of Class B Common Stock and an equal number of Ladder Capital Finance Holdings LLLP (\"LCFH\") units into 3,537,349  shares of Class A Common Stock."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F2","text":"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."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F4","text":"Shares are held directly by Seymour Holding Corporation; however, investment decisions with respect to the shares are made by The Durst Manager LLC. SRDA Manager, LLC is the managing member of The Durst Manager LLC and Mr. Durst is Co-President of SRDA Manager, LLC. As a result, Mr. Durst may be deemed to have voting and dispositive power with respect to the shares of Class A Common Stock held by Seymour Holding Corporation."}],"balance_after":0,"derivative":{"underlying":"Class A Common Stock","underlying_shares":3537349},"source":{"system":"sec-edgar","filing":"0001104659-20-080594","document":"a4.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":3,"url":"https://www.sec.gov/Archives/edgar/data/1577670/000110465920080594/a4.xml","form_type":"4"}},{"id":3090763,"issuer":{"id":4818,"kind":"organization","name":"Ladder Capital Corp"},"owners":[{"id":65384,"kind":"person","name":"Durst Douglas","position":1,"cik":"0001598784","reported_name":"Durst Douglas","relationship":{"director":true,"officer":false,"ten_percent_owner":false,"other":false}}],"security":"Class A Common Stock","published_at":"2020-07-02T20:31:57.000Z","date":"2020-07-01","kind":"exercise","acquired":true,"shares":3537349,"ownership":{"direct":false,"nature":"See footnote"},"footnotes":[{"field":"price","element":"transactionPricePerShare","label":"F1","text":"The reporting person converted 3,537,349  shares of Class B Common Stock and an equal number of Ladder Capital Finance Holdings LLLP (\"LCFH\") units into 3,537,349  shares of Class A Common Stock."},{"field":"price","element":"transactionPricePerShare","label":"F2","text":"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."},{"field":"balance_after","element":"sharesOwnedFollowingTransaction","label":"F3","text":"The Reporting Person disclaims beneficial ownership of these shares, and this report should not be deemed an admission that the Reporting Person is the beneficial owner of such shares for purposes of Section 16 or for any other purpose."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F4","text":"Shares are held directly by Seymour Holding Corporation; however, investment decisions with respect to the shares are made by The Durst Manager LLC. SRDA Manager, LLC is the managing member of The Durst Manager LLC and Mr. Durst is Co-President of SRDA Manager, LLC. As a result, Mr. Durst may be deemed to have voting and dispositive power with respect to the shares of Class A Common Stock held by Seymour Holding Corporation."}],"balance_after":3537349,"source":{"system":"sec-edgar","filing":"0001104659-20-080594","document":"a4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1577670/000110465920080594/a4.xml","form_type":"4"}},{"id":3258831,"issuer":{"id":4818,"kind":"organization","name":"Ladder Capital Corp"},"owners":[{"id":65384,"kind":"person","name":"Durst Douglas","position":1,"cik":"0001598784","reported_name":"Durst Douglas","relationship":{"director":true,"officer":false,"ten_percent_owner":false,"other":false}}],"security":"Class A Common Stock","published_at":"2020-02-20T22:51:07.000Z","date":"2020-02-18","kind":"grant","acquired":true,"shares":4006,"price":0,"value":0.0,"ownership":{"direct":true},"balance_after":32122,"source":{"system":"sec-edgar","filing":"0001104659-20-023487","document":"a4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1577670/000110465920023487/a4.xml","form_type":"4"}},{"id":3644747,"issuer":{"id":4818,"kind":"organization","name":"Ladder Capital Corp"},"owners":[{"id":65384,"kind":"person","name":"Durst Douglas","position":1,"cik":"0001598784","reported_name":"Durst Douglas","relationship":{"director":true,"officer":false,"ten_percent_owner":false,"other":false}}],"security":"Class A Common Stock","published_at":"2019-02-20T23:31:17.000Z","date":"2019-02-18","kind":"grant","acquired":true,"shares":4271,"price":0,"value":0.0,"ownership":{"direct":true},"footnotes":[{"field":"balance_after","element":"sharesOwnedFollowingTransaction","label":"F1","text":"On November 1, 2018, Ladder Capital Corp (\"Ladder\") declared a dividend payable in a combination of cash and Class A Common Stock to all holders of record of Ladder's Class A Common Stock on December 10, 2018. Total includes shares of Class A Common Stock received as a result of this dividend payment."}],"balance_after":28116,"source":{"system":"sec-edgar","filing":"0001104659-19-009607","document":"a4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1577670/000110465919009607/a4.xml","form_type":"4"}},{"id":4046751,"issuer":{"id":4818,"kind":"organization","name":"Ladder Capital Corp"},"owners":[{"id":65384,"kind":"person","name":"Durst Douglas","position":1,"cik":"0001598784","reported_name":"Durst Douglas","relationship":{"director":true,"officer":false,"ten_percent_owner":false,"other":false}}],"security":"Class A Common Stock","published_at":"2018-02-20T22:41:24.000Z","date":"2018-02-18","kind":"grant","acquired":true,"shares":5074,"price":0,"value":0.0,"ownership":{"direct":true},"balance_after":23058,"source":{"system":"sec-edgar","filing":"0001104659-18-010822","document":"a4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1577670/000110465918010822/a4.xml","form_type":"4"}},{"id":4430750,"issuer":{"id":4818,"kind":"organization","name":"Ladder Capital Corp"},"owners":[{"id":65384,"kind":"person","name":"Durst Douglas","position":1,"cik":"0001598784","reported_name":"Durst Douglas","relationship":{"director":true,"officer":false,"ten_percent_owner":false,"other":false}}],"security":"Class A Common Stock","published_at":"2017-02-22T23:34:08.000Z","date":"2017-02-18","kind":"grant","acquired":true,"shares":5415,"price":0,"value":0.0,"ownership":{"direct":true},"footnotes":[{"field":"balance_after","element":"sharesOwnedFollowingTransaction","label":"F1","text":"On December 2, 2016, Ladder Capital Corp (\"Ladder\") declared a dividend payable in a combination of cash and Class A Common Stock to all holders of record of Ladder's Class A Common Stock on December 27, 2016. The Reporting Person received 397 shares of Class A Common Stock on January 24, 2017 as a result of this dividend payment."}],"balance_after":17984,"source":{"system":"sec-edgar","filing":"0001104659-17-010917","document":"a4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1577670/000110465917010917/a4.xml","form_type":"4"}}]}