Daniel E. Smith - 27 Jan 2023 Form 4/A - Amendment Insider Report for CTO Realty Growth, Inc. (CTO)

Signature
/s/ Daniel E. Smith
Issuer symbol
CTO
Transactions as of
27 Jan 2023
Net transactions value
-$35,648
Form type
4/A - Amendment
Filing time
07 Apr 2023, 17:00:12 UTC
Date Of Original Report
31 Jan 2023
Previous filing
12 Jan 2023
Next filing
31 Jan 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CTO Common Stock Tax liability $35,648 -1,848 -1.3% $19.29 141,460 27 Jan 2023 Direct F1, F2
holding CTO Common Stock 1,110 27 Jan 2023 Kathyleen R. Smith TOD F3
holding CTO Common Stock 3,000 27 Jan 2023 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 28, 2023, a total of 7,594 shares of restricted common stock of the Issuer previously awarded to the reporting person became vested and unrestricted. A portion of the vesting shares was withheld by the Issuer in order to satisfy the reporting person's payroll tax liability. On January 31, 2023, the reporting person filed a Form 4 erroneously reporting that 1,977 vesting shares were withheld. The correct number of vesting shares withheld was 1,848. This amendment is being filed to correct the number of shares so withheld. In addition, as a result of the error described above, 129 shares were omitted from Table I, Column 5 in the Forms 4 filed by the reporting person on February 17, 2023, March 1, 2023, and March 14, 2023.
F2 This amount includes 16,403 shares of restricted common stock which vest over time, which were previously reported.
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.