Steven J. Kessler - 06 May 2022 Form 4 Insider Report for ACRES Commercial Realty Corp. (ACR)

Role
Director
Signature
/s/ Julie Wilson, attorney-in-fact
Issuer symbol
ACR
Transactions as of
06 May 2022
Transactions value $
$0
Form type
4
Date filed
09 May 2022, 18:11
Previous filing
21 May 2021
Next filing
08 May 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ACR Common Stock Award $0 +4.76K +14.97% $0.00 36.6K 06 May 2022 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person has been granted 4,762 shares of restricted common stock under the Issuer's Third Amended & Restated Omnibus Equity Compensation Plan. These shares will vest over four years, with 25% vesting per year beginning on May 6, 2023, and are receivable on account of the reporting person's service as a director of the Company and without additional consideration.