Andrew C. Richardson - Jan 3, 2022 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
Stock symbol
PINE
Transactions as of
Jan 3, 2022
Transactions value $
$16,239
Form type
4
Date filed
1/5/2022, 03:06 PM
Previous filing
Oct 1, 2021
Next filing
Apr 1, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PINE Common Stock Award $16.2K +853 +9.02% $19.04 10.3K Jan 3, 2022 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 4th 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 $19.0370.