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

Role
COB, CEO and President, Director
Signature
/s/ Ivan Kaufman
Stock symbol
ABR
Transactions as of
Feb 16, 2022
Transactions value $
-$3,314,322
Form type
4
Date filed
2/18/2022, 03:16 PM
Previous filing
Nov 16, 2021
Next filing
Mar 15, 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 Options Exercise $0 +382K +41.25% $0.00 1.31M Feb 16, 2022 Direct F1
transaction ABR Common Stock, par value $0.01 per share Tax liability -$3.31M -195K -14.91% $17.02 1.11M Feb 16, 2022 Direct F2
holding ABR Common Stock, par value $0.01 per share 2.54M Feb 16, 2022 By Arbor Commercial Mortgage, LLC F3
holding ABR Common Stock, par value $0.01 per share 3.63K Feb 16, 2022 By son, Maurice Kaufman
holding ABR Common Stock, par value $0.01 per share 1.63K Feb 16, 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 -382K -37.79% $0.00 628K Feb 16, 2022 Common Stock, par value $0.01 per share 382K 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.