Ivan Kaufman - 28 Feb 2023 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
28 Feb 2023
Net transactions value
-$2,720,300
Form type
4
Filing time
02 Mar 2023, 17:01:47 UTC
Previous filing
03 Jan 2023
Next filing
15 Mar 2023
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 +352,427 +36% $0.000000 1,338,191 28 Feb 2023 Direct F1
transaction ABR Common Stock, par value $0.01 per share Tax liability $2,720,300 -179,914 -13% $15.12 1,158,277 28 Feb 2023 Direct F2
holding ABR Common Stock, par value $0.01 per share 2,535,870 28 Feb 2023 By Arbor Commercial Mortgage, LLC F3
holding ABR Common Stock, par value $0.01 per share 3,632 28 Feb 2023 By son, Maurice Kaufman
holding ABR Common Stock, par value $0.01 per share 1,632 28 Feb 2023 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 -352,427 -43% $0.000000 465,442 28 Feb 2023 Common Stock, par value $0.01 per share 352,427 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 2019, Mr. Kaufman was granted up to 352,427 of Restricted Stock Units, which were issuable based on the achievement of certain four-year shareholder return objectives ending December 31, 2022 of Arbor Realty Trust, Inc. (the "Company"). Based on the Company's results, 352,427 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.