LEONARD M. TANNENBAUM - 25 Feb 2025 Form 4 Insider Report for Advanced Flower Capital Inc. (AFCG)

Role
Director, 10%+ Owner
Signature
/s/ Gabriel A. Katz, as Attorney-in-Fact
Issuer symbol
AFCG
Transactions as of
25 Feb 2025
Transactions value $
$799,996
Form type
4
Filing time
27 Feb 2025, 16:37:53 UTC
Previous filing
29 Jan 2025
Next filing
12 Mar 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AFCG Common Stock Award $800K +95.6K +2.53% $8.37 3.88M 25 Feb 2025 Direct F1
holding AFCG Common Stock 114K 25 Feb 2025 Held by spouse F2
holding AFCG Common Stock 180K 25 Feb 2025 See footnote F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents restricted stock granted under the Issuer's Stock Incentive Plan and shall vest over a three-year period with approximately 33% vesting on each of the first, second and third anniversaries of January 2, 2025, subject to early termination and adjustment as provided in the applicable restricted stock grant agreement.
F2 The Reporting Person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.
F3 These shares are held by the Leonard M. Tannenbaum Foundation, for which the Reporting Person serves as the President. The Reporting Person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest.