MARTELLO JOSEPH 4
4 · ARBOR REALTY TRUST INC · Filed Nov 26, 2021
Insider Transaction Report
Form 4
MARTELLO JOSEPH
Director
Transactions
- Disposition to Issuer
Common Stock, par value $0.01 per share
2021-11-26$19.12/sh−35,000$669,200→ 85,114 total(indirect: By Trust)
Holdings
- 40,000(indirect: By LLC)
Common Stock, par value $0.01 per share
- 100,000(indirect: By Trust)
Common Stock, par value $0.01 per share
Footnotes (2)
- [F1]As previously agreed to, Arbor Realty Trust, Inc. (the "Company") used a portion of the net proceeds received from its November 4, 2021 public offering of 7,500,000 shares of common stock (the "Offering") to purchase an aggregate of 35,000 shares of the Company's common stock held by Mr. Martello for $19.12 per share, which is the price agreed to by Mr. Martello and the Company in the respective purchase agreement.
- [F2]These estate planning vehicles were set up for the benefit of the immediate family of the Company's Chief Executive Officer, Ivan Kaufman. Mr. Martello shares in the voting and investment power of these vehicles and disclaims beneficial ownership over these securities.