Daniel E. Smith - Jan 27, 2022 Form 4 Insider Report for CTO Realty Growth, Inc. (CTO)

Role
SVP, GEN COUNSEL & CORP SECRET
Signature
/s/ Daniel E. Smith
Stock symbol
CTO
Transactions as of
Jan 27, 2022
Transactions value $
$0
Form type
4
Date filed
1/31/2022, 08:15 PM
Previous filing
Dec 22, 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 +4.73K +15.72% $0.00 34.8K Jan 27, 2022 Direct F1, F2
holding CTO Common Stock 370 Jan 27, 2022 Alan Smith (DECD) & Kathyleen R. Smith JT WROS F3
holding CTO Common Stock 1K Jan 27, 2022 Kathyleen R. Smith WFCS Custodian Trad IRA 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 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.