Rachel Elias - Jan 3, 2023 Form 4 Insider Report for Alpine Income Property Trust, Inc. (PINE)

Role
Director
Signature
/s/ Daniel E. Smith, attorney-in-fact for Rachel Elias Wein
Stock symbol
PINE
Transactions as of
Jan 3, 2023
Transactions value $
$12,499
Form type
4
Date filed
1/4/2023, 03:05 PM
Previous filing
Oct 4, 2022
Next filing
Apr 4, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PINE Common Stock Award $12.5K +662 +14.83% $18.88 5.13K Jan 3, 2023 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 her 4th quarter 2022 director retainer fee of $12,500 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 $18.8800.