Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
TWO HARBORS INVESTMENT CORP.
  2. Issuer Name and Ticker or Trading Symbol
Granite Point Mortgage Trust Inc. [GPMT]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director __X__ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last)
(First)
(Middle)
590 MADISON AVENUE, 36TH FLOOR
3. Date of Earliest Transaction (Month/Day/Year)
09/20/2017
(Street)

NEW YORK, NY 10022
4. If Amendment, Date Original Filed(Month/Day/Year)
6. Individual or Joint/Group Filing(Check Applicable Line)
___ Form filed by One Reporting Person
_X_ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common stock, par value $0.01 per share 09/20/2017   P   25,000 (1) A $ 18.8172 (2) 33,293,045 I See footnote (3)
Common stock, par value $0.01 per share 09/21/2017   P   5,555 (1) A $ 18.9561 (4) 33,298,600 I See footnote (3)
Common stock, par value $0.01 per share 09/22/2017   P   100 (1) A $ 18.96 33,298,700 I See footnote (3)

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(Month/Day/Year)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
TWO HARBORS INVESTMENT CORP.
590 MADISON AVENUE
36TH FLOOR
NEW YORK, NY 10022
    X    
TWO HARBORS OPERATING Co LLC
590 MADISON AVENUE
36TH FLOOR
NEW YORK, NY 10022
    X    
Capitol Acquisition Corp
601 CARLSON PARKWAY
SUITE 1400
MINNETONKA, MN 55305
    X    

Signatures

 /s/ Two Harbors Investment Corp., By: Thomas Siering, President and Chief Executive Officer   09/22/2017
**Signature of Reporting Person Date

 /s/ Two Harbors Operating Company LLC, By: Thomas Siering, President and Chief Executive Officer   09/22/2017
**Signature of Reporting Person Date

 /s/ Capitol Acquisition Corp. By: Thomas Siering, President and Chief Executive Officer   09/22/2017
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) The securities were purchased by Capitol Acquisition Corp. ("Capitol"), a wholly owned indirect subsidiary of Two Harbors Investment Corp. ("Two Harbors"), pursuant to a rule 10b5-1 stock purchase plan that Two Harbors committed to adopt in connection with Granite Point Mortgage Trust Inc.'s ("Granite Point") formation transaction and initial public offering ("IPO"). As previously disclosed, Two Harbors does not intend to distribute any shares that Capitol acquires through the stock purchase plan to its stockholders as part of an anticipated special dividend of Granite Point shares. Any shares of common stock purchased by Capitol pursuant to the stock purchase plan are subject to lock-up arrangements between Two Harbors and the IPO underwriters.
(2) Per share price reflects the weighted average price paid. The shares were purchased in multiple transactions at prices ranging from $18.66 to $18.93. The reporting person undertakes to provide, upon request, full information regarding the shares purchased in such transactions.
(3) The securities are held by wholly owned subsidiaries of Two Harbors. As of the date hereof, 33,071,000 shares were held by Two Harbors Operating Company LLC and 227,700 shares were held by Capitol.
(4) Per share price reflects the weighted average price paid. The shares were purchased in multiple transactions at prices ranging from $18.90 to $19.00. The reporting person undertakes to provide, upon request, full information regarding the shares purchased in such transactions.

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