Phillip Silverman - 30 Sep 2022 Form 3 Insider Report for Chicago Atlantic Real Estate Finance, Inc. (REFI)

Role: Interim CFO
Signature: /s/ Phillip Silverman
Issuer symbol: REFI
Transactions as of: 30 Sep 2022
Net transactions value: $0
Form type: 3
Filing time: 11 Oct 2022, 06:10:15 UTC
Next filing: 02 Jun 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	REFI	Common Stock						12,075	30 Sep 2022	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	On December 10, 2021, Mr. Silverman was awarded 9,375 restricted shares of common stock under the Chicago Atlantic Real Estate Finance, Inc. 2021 Omnibus Incentive Plan. Pursuant to the terms of the award agreement, the 9,375 restricted shares of common stock will vest in three years, with one-third of the restricted stock vesting after 12 months, and one-twenty fourth of the restricted stock vesting on a monthly basis thereafter.

Content

On December 10, 2021, Mr. Silverman was awarded 9,375 restricted shares of common stock under the Chicago Atlantic Real Estate Finance, Inc. 2021 Omnibus Incentive Plan. Pursuant to the terms of the award agreement, the 9,375 restricted shares of common stock will vest in three years, with one-third of the restricted stock vesting after 12 months, and one-twenty fourth of the restricted stock vesting on a monthly basis thereafter.