Laura M. Franklin - Oct 1, 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
Stock symbol
CTO
Transactions as of
Oct 1, 2022
Transactions value $
$9,982
Form type
4
Date filed
10/4/2022, 05:01 PM
Previous filing
Jul 5, 2022
Next filing
Dec 5, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CTO Common Stock Award $9.98K +503 +1.58% $19.84 32.4K Oct 1, 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 in lieu of her 3rd quarter 2022 board retainer fee of $10,000 pursuant to the Issuer's Non-Employee Director Compensation Policy (the "Policy") adopted by the Issuer's board of directors on February 27, 2019 (last amended February 10, 2021). 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 $19.8445.
F2 This amount includes 226 shares of common stock acquired through the Issuer's dividend reinvestment plan in connection with the Issuer's dividends paid on June 30, 2022 and September 30, 2022.