Mark Okey Decker Jr. - 03 Jul 2023 Form 4 Insider Report for Alpine Income Property Trust, Inc. (PINE)

Role
Director
Signature
/s/ Daniel E. Smith, attorney-in-fact for Mark O. Decker, Jr.
Issuer symbol
PINE
Transactions as of
03 Jul 2023
Net transactions value
+$14,991
Form type
4
Filing time
03 Jul 2023, 18:00:10 UTC
Previous filing
08 May 2023
Next filing
02 Oct 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PINE Common Stock Award $14,991 +932 +4.7% $16.08 20,960 03 Jul 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 his 2nd quarter 2023 director retainer fee of $15,000 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 $16.0845.