Stuart Rothstein - May 21, 2021 Form 4 Insider Report for Apollo Commercial Real Estate Finance, Inc. (ARI)

Signature
/s/ Jessica L. Lomm, as attorney-in-fact
Stock symbol
ARI
Transactions as of
May 21, 2021
Transactions value $
-$104,655
Form type
4
Date filed
5/25/2021, 05:55 PM
Next filing
May 28, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ARI Common Stock Sale -$7.75K -500 -0.11% $15.50 470K May 21, 2021 Direct F1, F2
transaction ARI Common Stock Sale -$96.9K -6.24K -1.33% $15.53 464K May 25, 2021 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 plan adopted by the reporting person in 2021.
F2 Reported amount includes 332,658 restricted stock units ("RSUs") granted under the Apollo Commercial Real Estate Finance, Inc. 2009 Equity Incentive Plan and the Amended and Restated Apollo Commercial Real Estate Finance, Inc. 2019 Equity Incentive Plan. Each RSU represents the contingent right to receive one share of the issuer's common stock for each vested RSU. The RSUs vest in installments in accordance with the terms of the applicable RSU Award Agreement by and between the reporting person and the issuer, provided the reporting person remains in service through the applicable vesting dates.
F3 The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $15.5000 to $15.5700, 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 ranges set forth in this footnote.