| 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 | -17,519 | -0.17% | 10,597,566 | 30 Jun 2024 | 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 | -17,519 | -0.17% | 10,597,566 | 30 Jun 2024 | Common Stock, par value $0.01 per share | 17,519 | By Arbor Commercial Mortgage, LLC | F1, F2, F3 |
| Id | Content |
|---|---|
| F1 | On June 30, 2024 Arbor Commercial Mortgage, LLC ("ACM") distributed 17,519 Partnership Common Units ("OP Units") and Special Voting Preferred Stock ("Preferred Shares") valued at approximately $250,000 to one of its members for a portion of 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 June 26, 2024 through June 28, 2024, of $14.27 per share. |
| F2 | Mr. Kaufman disclaims beneficial ownership of these shares, except to the extent of his pecuniary interest therein. |
| F3 | Not applicable. |