John Mazarakis - Apr 1, 2024 Form 4 Insider Report for Chicago Atlantic Real Estate Finance, Inc. (REFI)

Signature
/s/ John Mazarakis
Stock symbol
REFI
Transactions as of
Apr 1, 2024
Transactions value $
$680,581
Form type
4
Date filed
4/3/2024, 09:39 PM
Previous filing
Jun 2, 2023
Next filing
Oct 11, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction REFI Common Stock Award $681K +43.7K +13.27% $15.59 373K Apr 1, 2024 Direct F1
holding REFI Common Stock 5K Apr 1, 2024 By spouse F2
holding REFI Common Stock 31.5K Apr 1, 2024 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 April 1, 2024, Mr. Mazarakis was awarded 43,655 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 43,655 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.