Joseph Martello - Nov 26, 2021 Form 4 Insider Report for ARBOR REALTY TRUST INC (ABR)

Role
Director
Signature
/s/ Joseph Martello
Stock symbol
ABR
Transactions as of
Nov 26, 2021
Transactions value $
-$669,200
Form type
4
Date filed
11/26/2021, 03:05 PM
Next filing
Nov 1, 2023

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 -$669K -35K -29.14% $19.12 85.1K Nov 26, 2021 By: The Living Trust of Joseph Martello F1
holding ABR Common Stock, par value $0.01 per share 100K Nov 26, 2021 By: The KFT 2018 NY Trust F2
holding ABR Common Stock, par value $0.01 per share 40K Nov 26, 2021 By: The KFT DT LLC 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 35,000 shares of the Company's common stock held by Mr. Martello for $19.12 per share, which is the price agreed to by Mr. Martello and the Company in the respective purchase agreement.
F2 These estate planning vehicles were set up for the benefit of the immediate family of the Company's Chief Executive Officer, Ivan Kaufman. Mr. Martello shares in the voting and investment power of these vehicles and disclaims beneficial ownership over these securities.