Ivan Kaufman - 07 Mar 2024 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
07 Mar 2024
Net transactions value
$0
Form type
4
Filing time
08 Mar 2024, 16:31:01 UTC
Previous filing
29 Nov 2023
Next filing
18 Mar 2024
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 +275,569 +25% $0.000000 1,383,981 07 Mar 2024 Direct F1
holding ABR Common Stock, par value $0.01 per share 2,535,870 07 Mar 2024 By Arbor Commercial Mortgage, LLC 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 Restricted Stock Units Options Exercise $0 -275,569 -39% $0.000000 437,148 07 Mar 2024 Common Stock, par value $0.01 per share 275,569 Direct F1, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 In 2020, Mr. Kaufman was granted 275,569 of Restricted Stock Units, which would vest and be converted to common shares based on the achievement of certain four-year shareholder return objectives ending at December 31, 2023 of Arbor Realty Trust, Inc. (the "Company"). Based on the Company's results, including shareholder returns over the four-year measurement period, 275,569 Restricted Stock Units vested.
F2 Mr. Kaufman disclaims beneficial ownership of these shares of common stock except to the extent of his pecuniary interest therein.
F3 Each Restricted Stock Unit represents the contingent right to receive one share of common stock upon vesting of the unit.
F4 Not applicable.