Brandon Hetzel - Mar 17, 2023 Form 3 Insider Report for AFC Gamma, Inc. (AFCG)

Role
CFO and Treasurer
Signature
/s/ Gabriel A. Katz as Attorney-in-Fact
Stock symbol
AFCG
Transactions as of
Mar 17, 2023
Transactions value $
$0
Form type
3
Date filed
3/23/2023, 06:20 PM
Next filing
Jan 25, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding AFCG Common Stock 7.66K Mar 17, 2023 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding AFCG Stock Option (right to buy) Mar 17, 2023 Common Stock 3.5K $15.29 Direct F2
holding AFCG Stock Option (right to buy) Mar 17, 2023 Common Stock 7K $19.00 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents restricted stock. Each share of restricted stock remains subject to forfeiture in accordance with the terms of the applicable award agreement.
F2 Approximately one-third of the shares subject to this option vested on November 18, 2022. The remaining shares subject to this option will vest on November 18 of each of 2023 and 2024.
F3 Approximately one-third of the shares subject to this option vested on March 23, 2023. The remaining shares subject to this option will vest on March 23 of each of 2024 and 2025.

Remarks:

Exhibit List: Exhibit 24 - Power of Attorney