Andrew C. Richardson - Apr 1, 2024 Form 4 Insider Report for Alpine Income Property Trust, Inc. (PINE)

Role
Director
Signature
/s/ Daniel E. Smith, attorney-in-fact for Andrew S. Richardson
Stock symbol
PINE
Transactions as of
Apr 1, 2024
Transactions value $
$19,491
Form type
4
Date filed
4/2/2024, 05:30 PM
Previous filing
Jan 4, 2024
Next filing
Jul 2, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PINE Common Stock, par value $0.01 per share Award $19.5K +1.26K +7.6% $15.48 17.8K Apr 1, 2024 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 1st quarter 2024 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 $15.4815.