Robert A. Kasdin - May 13, 2021 Form 4 Insider Report for Apollo Commercial Real Estate Finance, Inc. (ARI)

Role: Director
Signature: /s/ Jessica L. Lomm, as Attorney-in-Fact
Stock symbol: ARI
Transactions as of: May 13, 2021
Transactions value $: -$221,295
Form type: 4
Date filed: 5/14/2021, 04:38 PM
Next filing: Nov 12, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ARI	Common Stock	Sale	-$221K	-15K	-18.1%	$14.75	67.9K	May 13, 2021	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $14.751 to $14.7701, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

Content

The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $14.751 to $14.7701, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.