Arbor Commercial Mortgage Llc - Nov 12, 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.
Stock symbol: ABR
Transactions as of: Nov 12, 2021
Transactions value $: -$5,702,945
Form type: 4
Date filed: 11/16/2021, 04:16 PM
Previous filing: Oct 1, 2021
Next filing: May 10, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ABR	Common Stock, par value $0.01 per share	Disposed to Issuer	-$5.7M	-293K	-10.35%	$19.48	2.54M	Nov 12, 2021	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	As previously agreed to, Arbor Realty Trust, Inc. (the "Company") used a portion of the net proceeds received from its November 4, 2021 public offering of 7,500,000 shares of common stock (the "Offering") to purchase an aggregate of 292,759 shares of the Company's common stock held by Arbor Commercial Mortgage, LLC for $19.48 per share, which is the same price at which the underwriters purchased the shares in the Offering.
F2	Mr. Kaufman disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.

Content

As previously agreed to, Arbor Realty Trust, Inc. (the "Company") used a portion of the net proceeds received from its November 4, 2021 public offering of 7,500,000 shares of common stock (the "Offering") to purchase an aggregate of 292,759 shares of the Company's common stock held by Arbor Commercial Mortgage, LLC for $19.48 per share, which is the same price at which the underwriters purchased the shares in the Offering.

Mr. Kaufman disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.