Laura M. Franklin - 17 Feb 2022 Form 4 Insider Report for CTO Realty Growth, Inc. (CTO)

Role
Director
Signature
/s/ Daniel E. Smith, attorney-in-fact for Laura M. Franklin
Issuer symbol
CTO
Transactions as of
17 Feb 2022
Net transactions value
+$34,942
Form type
4
Filing time
18 Feb 2022, 15:05:31 UTC
Previous filing
04 Nov 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 CTO Common Stock Award $34,942 +582 +6% $60.04 10,202 17 Feb 2022 Direct F1, F2
* 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 as her $35,000 "Annual Award" pursuant to the Issuer's Non-Employee Director Compensation Policy adopted by the Issuer's board of directors on February 27, 2019, as amended. The share price utilized to calculate the number of shares issued was the 20-day trailing average closing price as of February 9, 2022, or $60.0380.
F2 The above number includes (a) 17.190 shares of common stock acquired through the Issuer's dividend reinvestment plan (the "DRIP") in connection with the Issuer's third quarter 2021 dividend and (b) 30.439 shares of common stock acquired through the DRIP in connection with the Issuer's fourth quarter 2021 dividend.