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

Role
Director
Signature
/s/ Michael L. Steiner
Stock symbol
REFI
Transactions as of
Apr 1, 2024
Transactions value $
$75,003
Form type
4
Date filed
4/3/2024, 09:41 PM
Previous filing
Jan 4, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction REFI Common Stock Award $75K +4.81K +2.12% $15.59 232K Apr 1, 2024 Direct F1, F2, F3
* 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. Steiner was awarded 4,811 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 4,811 restricted shares of common stock will vest over a one year period.
F2 Includes 185,931 shares distributed by Chicago Atlantic Management, LLC and Chicago Atlantic CRE Manager, LLC, the managing members of Chicago Atlantic Fund, LLC and Chicago Atlantic CRE Holdings, LLC, respectively, in connection with the distribution of shares of Chicago Atlantic Real Estate Finance, Inc. held by Chicago Atlantic Fund, LLC and Chicago Atlantic CRE Holdings, LLC to their members pursuant to the terms of their respective operating agreements for no consideration.
F3 Includes shares acquired through the Registrant's dividend reinvestment plan.