Melvin F. Lazar - May 31, 2022 Form 4 Insider Report for ARBOR REALTY TRUST INC (ABR)

Role: Director
Signature: /s/ John Bishar, Attorney-in-Fact for Melvin F.Lazar
Stock symbol: ABR
Transactions as of: May 31, 2022
Transactions value $: $2,364
Form type: 4
Date filed: 6/2/2022, 04:31 PM
Previous filing: May 13, 2022
Next filing: Sep 2, 2022

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	Award	$2.36K	+144	+2.3%	$16.42	6.4K	May 31, 2022	Common Stock, par value $0.01 per share	144		Direct	F1

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

Explanation of Responses:

Id	Content
F1	On May 31, 2022, Mr. Lazar received 144 fully vested restricted stock units (RSUs") of Arbor Realty Trust, Inc. (the "Company") in lieu of the dividend equivalent due on Mr. Lazar's existing RSUs and paid by the Company on May 31, 2022. Mr. Lazar has elected to defer his dividend equivalents and receipt of the common stock into which the RSUs are converted until May 2023, or earlier if his service as a director is terminated, or a change in control occurs, pursuant to a pre-established deferral election.

Content

On May 31, 2022, Mr. Lazar received 144 fully vested restricted stock units (RSUs") of Arbor Realty Trust, Inc. (the "Company") in lieu of the dividend equivalent due on Mr. Lazar's existing RSUs and paid by the Company on May 31, 2022. Mr. Lazar has elected to defer his dividend equivalents and receipt of the common stock into which the RSUs are converted until May 2023, or earlier if his service as a director is terminated, or a change in control occurs, pursuant to a pre-established deferral election.