Jonathan Kalikow - Jan 3, 2023 Form 4 Insider Report for AFC Gamma, Inc. (AFCG)

Role
Head of Real Estate, Director
Signature
Gabriel Katz, attorney-in-fact for Jonathan Kalikow
Stock symbol
AFCG
Transactions as of
Jan 3, 2023
Transactions value $
$249,992
Form type
4
Date filed
1/5/2023, 05:01 PM
Previous filing
Feb 14, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AFCG Common Stock Award $250K +16.1K +321.12% $15.57 21.1K Jan 3, 2023 Direct F1
holding AFCG Common Stock 97.5K Jan 3, 2023 See footnote F2
holding AFCG Common Stock 669K Jan 3, 2023 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 3, 2023, subject to early termination and adjustment as provided in the applicable restricted stock grant agreement.
F2 The shares are held directly by Gamma Opportunities V LP, a Delaware limited partnership, whose general partner is Gamma Opportunities V GP LLC, a Delaware limited liability company ("GO GP"). GO GP is a wholly owned by the Reporting Person.
F3 Shares are held directly by Gamma Equities VIII LLC, a subsidiary of Gamma Lending Holdco LLC, a Delaware limited liability company ("GLO") whose managing member is Gamma Lending Opportunities LP, a Delaware limited partnership ("GLO LP"). GLO LP's sole general partner is GRE Lending Opportunities LLC, a Delaware limited liability company ("GLO GP"). GLO GP is a wholly owned subsidiary of Gamma Real Estate LLC ("GRE"). The Reporting Person owns 50% of the economic and voting interests in GRE and N. Richard Kalikow, father of the Reporting Person, owns the remaining 50% of the economic and voting interests of GRE.