Andrew C. Richardson - Jul 1, 2022 Form 4 Insider Report for Alpine Income Property Trust, Inc. (PINE)

Role
Director
Signature
/s/ Daniel E. Smith, attorney-in-fact for Andrew C. Richardson
Stock symbol
PINE
Transactions as of
Jul 1, 2022
Transactions value $
$16,241
Form type
4
Date filed
7/5/2022, 06:55 PM
Previous filing
Apr 1, 2022
Next filing
Oct 4, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PINE Common Stock Award $16.2K +905 +8.1% $17.95 12.1K Jul 1, 2022 Direct F1
* 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 in lieu of his 2nd quarter 2022 retainer fee of $12,500 and chairman fee of $3,750 pursuant to the Issuer's non-employee director compensation policy (the "Policy"). Pursuant to the Policy, the share price utilized to calculate the number of shares issued was the 20-day trailing average closing price as of the last day of the quarter, or $17.9455.