Matthew Morris Partridge - 27 Jan 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
Issuer symbol
CTO
Transactions as of
27 Jan 2022
Net transactions value
-$84,735
Form type
4
Filing time
31 Jan 2022, 20:15:32 UTC
Previous filing
16 Aug 2021
Next filing
18 Feb 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CTO Common Stock Award $0 +5,748 +51% $0.000000 17,079 27 Jan 2022 Direct F1, F2
transaction CTO Common Stock Tax liability $84,735 -1,466 -8.6% $57.80 15,613 27 Jan 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.