| 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 | -27,138 | -0.25% | 10,665,530 | 29 Sep 2021 | By Arbor Commercial Mortgage, LLC | F1, F2 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | ABR | Partnership Common Units | Other | -27,138 | -0.25% | 10,665,530 | 29 Sep 2021 | Common Stock, par value $0.01 per share | 27,138 | By Arbor Commercial Mortgage, LLC | F1, F2, F3 |
| Id | Content |
|---|---|
| F1 | On July 14, 2016, Arbor Realty Limited Partnership, a Delaware limited partnership, issued Partnership Common Units ("OP Units") to Arbor Commercial Mortgage, LLC ("ACM") and, in connection therewith, Arbor Realty Trust, Inc. (the "Company") issued Special Voting Preferred Stock ("Preferred Shares") to ACM. On September 29,2021, ACM distributed 27,138 OP Units and Preferred Shares valued at $499,882 to one of its members for the member's remaining membership interest in ACM. The fair market value was determined in accordance with ACM's Operating Agreement, using the average closing stock price of the Company from September 24, 2021 through September 28, 2021 of $18.42 per share. |
| F2 | Mr. Kaufman disclaims beneficial ownership of these shares, except to the extent of his pecuniary interest therein. |
| F3 | Not applicable. |