Matthew Morris Partridge - Jan 27, 2022 Form 4 Insider Report for CTO Realty Growth, Inc. (CTO)

Role
SR. VP, CFO & TREASURER
Signature
/s/ Daniel E. Smith, attorney-in-fact for Matthew M. Partridge
Stock symbol
CTO
Transactions as of
Jan 27, 2022
Transactions value $
-$84,735
Form type
4
Date filed
1/31/2022, 08:15 PM
Previous filing
Aug 16, 2021
Next filing
Feb 18, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CTO Common Stock Award $0 +5.75K +50.73% $0.00 17.1K Jan 27, 2022 Direct F1, F2
transaction CTO Common Stock Tax liability -$84.7K -1.47K -8.58% $57.80 15.6K Jan 27, 2022 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On January 27, 2022, the Issuer issued 5,748 shares of its common stock (the "Issued Shares") to the Reporting Person. The Issued Shares were issued pursuant to a Performance Shares Award Agreement between the Issuer and the Reporting Person dated October 1, 2020, the form of which has been filed as an exhibit to the Issuer's annual report on Form 10-K for the year ended December 31, 2020.
F2 This amount includes 9,131 shares of restricted common stock which vest over time, which were previously reported.
F3 On January 27, 2022, the Reporting Person instructed the Issuer to withhold 1,466 of the Issued Shares to satisfy the Reporting Person's tax liability.