Andrew C. Richardson - 01 Jul 2021 Form 4 Insider Report for Alpine Income Property Trust, Inc. (PINE)

Role
Director
Signature
/s/ Daniel E. Smith, attorney-in-fact for Andrew C. Richardson
Issuer symbol
PINE
Transactions as of
01 Jul 2021
Net transactions value
+$16,243
Form type
4
Filing time
02 Jul 2021, 16:16:06 UTC
Next filing
01 Oct 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PINE Common Stock Award $16,243 +865 +11% $18.78 8,579 01 Jul 2021 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares were issued to the Reporting Person in lieu of his 2nd quarter 2021 retainer fee of $12,500 and chairman fee of $3,750 pursuant to the Issuer's non-employee director compensation policy (the "Policy"). Pursuant to the Policy, the share price utilized to calculate the number of shares issued was the 20-day trailing average closing price as of the last day of the quarter, or $18.7780.