ARBOR COMMERCIAL MORTGAGE LLC 4
4 · ARBOR REALTY TRUST INC · Filed May 27, 2021
Insider Transaction Report
Form 4
ARBOR COMMERCIAL MORTGAGE LLC
10% Owner
Transactions
- Other
Special Voting Preferred Stock, par value $0.01 per share
2021-05-25−18,400→ 10,692,668 total - Other
Partnership Common Units
2021-05-25−18,400→ 10,692,668 total→ Common Stock, par value $0.01 per share (18,400 underlying)
Footnotes (2)
- [F1]On May 25, 2021, Arbor Commercial Mortgage, LLC ("ACM") distributed 18,400 Partnership Common Units and Special Voting Preferred Stock with a fair value of approximately $321.1 thousand to one of its members in consideration for the liquidation of their membership interest in ACM. The fair market value was determined in accordance with ACM's Operating Agreement, using the average closing stock price of the Company from May 20, 2021 through May 24, 2021 of $17.45 per share.
- [F2]Not applicable.