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 |
Id | Content |
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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. |