Stuart Rothstein - Jan 29, 2024 Form 4 Insider Report for Apollo Commercial Real Estate Finance, Inc. (ARI)

Role
President & CEO, Director
Signature
/s/ Jessica L. Lomm, as Attorney-in-fact
Stock symbol
ARI
Transactions as of
Jan 29, 2024
Transactions value $
-$1,011,545
Form type
4
Date filed
1/31/2024, 04:19 PM
Previous filing
Jan 18, 2024
Next filing
Feb 12, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ARI Common Stock Tax liability -$1.01M -86.4K -15.95% $11.71 455K Jan 29, 2024 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Consists of shares of common stock withheld by the issuer in order to satisfy the minimum tax withholding obligations of the reporting person arising in connection with the delivery of shares of common stock underlying vested restricted stock units ("RSUs") granted under the Amended and Restated Apollo Commercial Real Estate Finance, Inc. 2019 Equity Incentive Plan. Each RSU represents the contingent right to receive one share of the issuer's common stock for each vested RSU. The RSUs vest in installments in accordance with the terms of the applicable RSU Award Agreement by and between the reporting person and the issuer, provided the reporting person remains in service through the applicable vesting dates.
F2 Reported amount includes 276,183 RSUs.