Jason Papastavrou - Dec 31, 2022 Form 4 Insider Report for Chicago Atlantic Real Estate Finance, Inc. (REFI)

Role: Director
Signature: /s/ Jason Papastavrou
Stock symbol: REFI
Transactions as of: Dec 31, 2022
Transactions value $: $0
Form type: 4
Date filed: 1/4/2023, 07:39 PM
Previous filing: Apr 27, 2022
Next filing: Jan 4, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	REFI	Common Stock	Award	$0	+4.98K	+20.17%	$0.00	29.6K	Dec 31, 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 31, 2022, Mr. Papastavrou was awarded 4,976 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 4,976 restricted shares of common stock will vest over a three year period, with one-third of the restricted stock vesting after 12 months, 24 months and 36 months, respectively.

Content

On December 31, 2022, Mr. Papastavrou was awarded 4,976 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 4,976 restricted shares of common stock will vest over a three year period, with one-third of the restricted stock vesting after 12 months, 24 months and 36 months, respectively.