LEONARD M. TANNENBAUM - 11 May 2023 Form 4 Insider Report for AFC Gamma, Inc. (AFCG)

Signature
Gabriel Katz, as attorney-in-fact for Leonard M. Tannenbaum
Issuer symbol
AFCG
Transactions as of
11 May 2023
Transactions value $
$2,488,319
Form type
4
Filing time
15 May 2023, 16:30:22 UTC
Previous filing
21 Mar 2023
Next filing
17 May 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AFCG Common Stock Purchase $873K +87.2K +2.55% $10.02 3.5M 11 May 2023 Direct F1
transaction AFCG Common Stock Purchase $831K +80K +2.28% $10.39 3.58M 12 May 2023 Direct F2
transaction AFCG Common Stock Purchase $298K +29.2K +53.12% $10.21 84.2K 11 May 2023 See footnote F3, F4
transaction AFCG Common Stock Purchase $465K +45K +53.43% $10.34 129K 12 May 2023 See footnote F4, F5
transaction AFCG Common Stock Purchase $20.2K +2K +6.74% $10.11 31.7K 11 May 2023 Held by spouse F6, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction was executed in multiple trades at prices ranging from $9.95 to $10.35; the price reported reflects the weighted average price. The Reporting Person hereby undertakes to provide full information regarding the number of shares and prices at which the transactions were effected upon request to the SEC staff, the issuer, or a security holder of the issuer.
F2 This transaction was executed in multiple trades at prices ranging from $10.34 to $10.50; the price reported reflects the weighted average price. The Reporting Person hereby undertakes to provide full information regarding the number of shares and prices at which the transactions were effected upon request to the SEC staff, the issuer, or a security holder of the issuer.
F3 This transaction was executed in multiple trades at prices ranging from $10.05 to $10.30; the price reported reflects the weighted average price. The Reporting Person hereby undertakes to provide full information regarding the number of shares and prices at which the transactions were effected upon request to the SEC staff, the issuer, or a security holder of the issuer.
F4 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.
F5 This transaction was executed in multiple trades at prices ranging from $10.25 to $10.46; the price reported reflects the weighted average price. The Reporting Person hereby undertakes to provide full information regarding the number of shares and prices at which the transactions were effected upon request to the SEC staff, the issuer, or a security holder of the issuer.
F6 This transaction was executed in multiple trades at prices ranging from $10.04 to $10.18; the price reported reflects the weighted average price. The Reporting Person hereby undertakes to provide full information regarding the number of shares and prices at which the transactions were effected upon request to the SEC staff, the issuer, or a security holder of the issuer.
F7 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.