| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | CTO | Common Stock | Award | $0 | +4,725 | +16% | $0.000000 | 34,779 | 27 Jan 2022 | Direct | F1, F2 |
| holding | CTO | Common Stock | 370 | 27 Jan 2022 | Alan Smith (DECD) & Kathyleen R. Smith JT WROS | F3 | |||||
| holding | CTO | Common Stock | 1,000 | 27 Jan 2022 | Kathyleen R. Smith WFCS Custodian Trad IRA | F3 |
| Id | Content |
|---|---|
| F1 | On January 27, 2022, the Issuer issued 4,725 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 January 23, 2019, 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 (i) 5,389 shares of restricted common stock which vest over time, which were previously reported, and (ii) 138 shares of common stock acquired through the Issuer's dividend reinvestment plan since December 22, 2021 (the date of the Reporting Person's previous Form 4 filing). |
| F3 | The Reporting Person may be regarded as the beneficial owner of the shares of the Issuer's common stock held in this account as a result of a durable power of attorney pursuant to which the Reporting Person has the authority to direct the voting and disposition of such shares. The Reporting Person disclaims beneficial ownership of any shares of the Issuer's common stock held in this account except to the extent of his pecuniary interest therein. |