John Mazarakis - Dec 7, 2021 Form 4 Insider Report for Chicago Atlantic Real Estate Finance, Inc. (REFI)

Role
Exec. Chairman of the Board, Director
Signature
/s/ John Mazarakis
Stock symbol
REFI
Transactions as of
Dec 7, 2021
Transactions value $
$2,580,000
Form type
4
Date filed
12/10/2021, 07:50 PM
Next filing
May 24, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction REFI Common Stock Purchase $2.5M +156K $16.00 156K Dec 7, 2021 Direct F1, F4
transaction REFI Common Stock Purchase $80K +5K $16.00 5K Dec 8, 2021 By spouse F4
holding REFI Common Stock 19.6K Dec 7, 2021 Held through ownership of interests in Chicago Atlantic Fund, LLC F2, F4
holding REFI Common Stock 23.9K Dec 7, 2021 Held through ownership of interests in Chicago Atlantic Fund QP, LLC F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On December 7, 2021, Mr. Mazarakis purchased 156,250 shares in a private placement offering concurrent with Chicago Atlantic Real Estate Finance, Inc.'s initial public offering.
F2 Included in the 19,616 shares are 12,872 shares held through Joppa Seasonings, of which Mr. Mazarakis owns a 25% interest, 1,775 shares held directly, and 4,970 shares held through Mr. Mazarakis's interest in Chicago Atlantic Management, LLC, the managing member of Chicago Atlantic Fund, LLC.
F3 Included in the 23,912 shares are 17,290 shares held through Joppa Seasonings, of which Mr. Mazarakis owns a 25% interest, 4,677 shares held directly, and 1,945 shares held through Mr. Mazarakis's interest in Chicago Atlantic Management, LLC, the managing member of Chicago Atlantic Fund, LLC.
F4 All of the shares held by Mr. Mazarakis are subject to a 180-day lockup that ends on June 5, 2022.