Andrew C. Richardson - 03 Jan 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
Issuer symbol
PINE
Transactions as of
03 Jan 2022
Net transactions value
+$16,239
Form type
4
Filing time
05 Jan 2022, 15:06:46 UTC
Previous filing
01 Oct 2021
Next filing
01 Apr 2022
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 $16,239 +853 +9% $19.04 10,314 03 Jan 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.