Donald E. Gulbrandsen - 01 Apr 2024 Form 4 Insider Report for Chicago Atlantic Real Estate Finance, Inc. (REFI)

Reporting relationship: Co-President and CIO, Director
Issuer ticker: REFI
Reported as of: 01 Apr 2024
Net transaction value: +$75,003
SEC form: 4
Accepted by SEC: 03 Apr 2024, 21:38:24 UTC
Prior SEC filing: 04 Jan 2023
Source filing: View source filing
Reporting owner signature: /s/ Donald Gulbrandsen

Key filing fact

Donald E. Gulbrandsen filed Form 4 for Chicago Atlantic Real Estate Finance, Inc. (REFI) on 03 Apr 2024.

Key facts

This page summarizes Donald E. Gulbrandsen's Form 4 filing for Chicago Atlantic Real Estate Finance, Inc. (REFI).
1 reported transaction and 0 derivative rows are listed below.
Accepted by SEC: 03 Apr 2024, 21:38.

Change

Previous filing in this sequence was filed on 04 Jan 2023.
Current net transaction value: +$75,003.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

REFI transaction

Common Stock

Award

Transaction value: $75,003
Shares: +4,811
Change %: +0.57%
Price: $15.59
Shares after: 851,445
Date: 01 Apr 2024
Ownership: Direct
Footnotes: F1, F2

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

On April 1, 2024, Mr. Gulbrandsen was awarded 4,811 restricted shares of common stock under the Chicago Atlantic Real Estate Finance, Inc. 2021 Omnibus Incentive Plan. Pursuant to the terms of the award agreement, the 4,811 restricted shares of common stock will vest over a one year period.

Footnote F2

Includes 836,970 shares distributed by Chicago Atlantic Management, LLC and Chicago Atlantic CRE Manager, LLC, the managing members of Chicago Atlantic Fund QP, LLC and Chicago Atlantic CRE Holdings, LLC, respectively, in connection with the distribution of shares of Chicago Atlantic Real Estate Finance, Inc. held by Chicago Atlantic Fund QP, LLC and Chicago Atlantic CRE Holdings, LLC to their members pursuant to the terms of their respective operating agreements for no consideration.