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 | -18.9K | -0.18% | 10.6M | Dec 31, 2022 | By Arbor Commercial Mortgage, LLC | F1, F2 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | ABR | Partnership Common Units | Other | -18.9K | -0.18% | 10.6M | Dec 31, 2022 | Common Stock, par value $0.01 per share | 18.9K | By Arbor Commercial Mortgage, LLC | F1, F2, F3 |
Id | Content |
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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. |