Laura M. Franklin - Oct 2, 2023 Form 4/A 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 2, 2023
Transactions value $
$9,994
Form type
4/A
Date filed
1/4/2024, 04:25 PM
Date Of Original Report
Oct 2, 2023
Previous filing
Jul 3, 2023
Next filing
Jan 4, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CTO Common Stock Award $9.99K +599 +1.4% $16.69 43.4K Oct 2, 2023 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 2023 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 $16.685.
F2 This amount includes 148.390 shares (the "DRIP Shares") acquired through the Issuer's dividend reinvestment plan (the "DRIP") since July 3, 2023 (the date of the Reporting Person's prior Form 4 filing). This Form 4/A was filed to correct the amount shown in Column 5 of Table I of the Form 4 filed on October 2, 2023 by including the DRIP Shares.