Ivan Kaufman - 31 Dec 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
31 Dec 2022
Net transactions value
$0
Form type
4
Filing time
03 Jan 2023, 16:32:24 UTC
Previous filing
01 Aug 2022
Next filing
02 Mar 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ABR Special Voting Preferred Stock, par value $0.01 per share Other -18,939 -0.18% 10,615,085 31 Dec 2022 By Arbor Commercial Mortgage, LLC F1, F2

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 Partnership Common Units Other -18,939 -0.18% 10,615,085 31 Dec 2022 Common Stock, par value $0.01 per share 18,939 By Arbor Commercial Mortgage, LLC F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On July 14, 2016, Arbor Realty Limited Partnership, a Delaware limited partnership, issued Partnership Common Units ("OP Units") to Arbor Commercial Mortgage, LLC ("ACM") and, in connection therewith, Arbor Realty Trust, Inc. (the "Company") issued Special Voting Preferred Stock ("Preferred Shares") to ACM. On December 31, 2022, ACM distributed 18,939 OP Units and Preferred Shares valued at $250,000 to one of its members for the member's membership interest in ACM. The fair market value was determined in accordance with ACM's Operating Agreement, using the average closing stock price of the Company from December 28, 2022 through December 30, 2022 of $13.20 per share.
F2 Mr. Kaufman disclaims beneficial ownership of these shares, except to the extent of his pecuniary interest therein.
F3 Not applicable.