Ivan Kaufman - 16 Feb 2022 Form 4 Insider Report for ARBOR REALTY TRUST INC (ABR)

Role
COB, CEO and President, Director
Signature
/s/ Ivan Kaufman
Issuer symbol
ABR
Transactions as of
16 Feb 2022
Net transactions value
-$3,314,322
Form type
4
Filing time
18 Feb 2022, 15:16:00 UTC
Previous filing
16 Nov 2021
Next filing
15 Mar 2022
SEC
View on sec.gov

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 Options Exercise $0 +381,503 +41% $0.000000 1,306,338 16 Feb 2022 Direct F1
transaction ABR Common Stock, par value $0.01 per share Tax liability $3,314,322 -194,731 -15% $17.02 1,111,607 16 Feb 2022 Direct F2
holding ABR Common Stock, par value $0.01 per share 2,535,870 16 Feb 2022 By Arbor Commercial Mortgage, LLC F3
holding ABR Common Stock, par value $0.01 per share 3,632 16 Feb 2022 By son, Maurice Kaufman
holding ABR Common Stock, par value $0.01 per share 1,632 16 Feb 2022 By son, Adam Kaufman

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 Restricted Stock Units Options Exercise $0 -381,503 -38% $0.000000 627,996 16 Feb 2022 Common Stock, par value $0.01 per share 381,503 Direct F1, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 In 2018, Mr. Kaufman was granted up to 381,503 of Restricted Stock Units, which were issuable based on the achievement of certain four-year shareholder return objectives ending December 31, 2021 of Arbor Realty Trust, Inc. (the "Company"). Based on the Company's results, 381,503 Restricted Stock Units vested.
F2 Represents shares that have been withheld by the Company to satisfy tax-withholding obligations in connection with the vesting of Mr. Kaufman's Restricted Stock Units.
F3 Mr. Kaufman disclaims beneficial ownership of these shares of common stock except to the extent of his pecuniary interest therein.
F4 Each Restricted Stock Unit represents the contingent right to receive one share of common stock upon vesting of the unit.
F5 Not applicable.