John Mazarakis - Jun 1, 2023 Form 4 Insider Report for Chicago Atlantic Real Estate Finance, Inc. (REFI)

Role
Executive COB, Director
Signature
/s/ John Mazarakis
Stock symbol
REFI
Transactions as of
Jun 1, 2023
Transactions value $
$1,255,225
Form type
4
Date filed
6/2/2023, 06:31 PM
Previous filing
Mar 15, 2023
Next filing
Apr 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction REFI Common Stock Award $1.26M +85.1K +30.34% $14.75 366K Jun 1, 2023 Direct F1
holding REFI Common Stock 5K Jun 1, 2023 By spouse F2
holding REFI Common Stock 31.5K Jun 1, 2023 Held through ownership of interests in Joppa Seasoning, LLC F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On June 1, 2023, Mr. Mazarakis was awarded 85,100 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 85,100 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.
F2 The reporting person disclaims beneficial ownership of these shares, except to the extent of his pecuniary interest therein.