ARBOR COMMERCIAL MORTGAGE LLC - 24 May 2021 Form 4 Insider Report for ARBOR REALTY TRUST INC (ABR)

Role
10%+ Owner
Signature
/s/ Paul Elenio, Chief Financial Officer of Arbor Commercial Mortgage, LLC.
Issuer symbol
ABR
Transactions as of
24 May 2021
Net transactions value
$0
Form type
4
Filing time
25 May 2021, 18:20:21 UTC
Next filing
27 May 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ABR Special Voting Preferred Stock, par value $0.01 per share Other -1,190,000 -10% 10,711,068 24 May 2021 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction ABR Partnership Common Units Other -1,190,000 -10% 10,711,068 24 May 2021 Common Stock, par value $0.01 per share 1,190,000 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On May 24, 2021, Arbor Commercial Mortgage, LLC ("ACM") distributed 1,190,000 Partnership Common Units ("OP Units") and Special Voting Preferred Stock ("Preferred Shares") with a fair market value of approximately $20.9 million to Lisa Kaufman in consideration of the liquidation of her membership interest in ACM, such liquidation made in accordance with the terms of a post-nuptial agreement between Mr. and Mrs. Kaufman. The fair market value was determined in accordance with ACM's Operating Agreement, using the average closing stock price of Arbor Realty Trust, Inc. (the "Company") from May 19, 2021 through May 21, 2021 of $17.55 per share.
F2 Not applicable.