Robert A. Kasdin - 08 May 2023 Form 4 Insider Report for Apollo Commercial Real Estate Finance, Inc. (ARI)

Role: Director
Signature: /s/ Jessica L. Lomm, as Attorney-in-Fact
Issuer symbol: ARI
Transactions as of: 08 May 2023
Net transactions value: +$238,582
Form type: 4
Filing time: 10 May 2023, 16:25:10 UTC
Previous filing: 05 Apr 2023
Next filing: 03 Apr 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ARI	Common Stock	Purchase	$238,582	+25,000	+41%	$9.54	85,739	08 May 2023	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 purchases were made in multiple transactions at prices ranging from $9.515 to $9.56, inclusive. Mr. Kasdin 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 purchased 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 purchases were made in multiple transactions at prices ranging from $9.515 to $9.56, inclusive. Mr. Kasdin 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 purchased at each separate price within the range set forth in this footnote.