Melvin F. Lazar - May 31, 2024 Form 4 Insider Report for ARBOR REALTY TRUST INC (ABR)

Role: Director
Signature: /s/ Maysa Vahidi, Attorney-in-Fact for Melvin F. Lazar
Stock symbol: ABR
Transactions as of: May 31, 2024
Transactions value $: $8,919
Form type: 4
Date filed: 6/3/2024, 05:31 PM
Previous filing: Mar 18, 2024
Next filing: Sep 4, 2024

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	$8.92K	+652	+3.14%	$13.68	21.4K	May 31, 2024	Common Stock, par value $0.01 per share	652		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, 2024, Mr. Lazar received 652 fully vested RSUs of the Company in lieu of the dividend equivalent due on Mr. Lazar's existing RSUs and paid by the Company on May 31, 2024. Mr. Lazar has elected to defer his dividend equivalents and receipt of the common stock into which the RSUs are converted until his service as a director is terminated, or sooner upon a change in control, pursuant to a pre-established deferral election.

Content

On May 31, 2024, Mr. Lazar received 652 fully vested RSUs of the Company in lieu of the dividend equivalent due on Mr. Lazar's existing RSUs and paid by the Company on May 31, 2024. Mr. Lazar has elected to defer his dividend equivalents and receipt of the common stock into which the RSUs are converted until his service as a director is terminated, or sooner upon a change in control, pursuant to a pre-established deferral election.