LAZAR MELVIN F 4
4 · ARBOR REALTY TRUST INC · Filed Mar 21, 2023
Insider Transaction Report
Form 4
LAZAR MELVIN F
Director
Transactions
- Award
Restricted Stock Units
2023-03-17$11.19/sh+241$2,697→ 17,180 total→ Common Stock, par value $0.01 per share (241 underlying)
Footnotes (1)
- [F1]On March 17, 2023, Mr. Lazar received 241 fully vested restricted stock units ("RSUs") of Arbor Realty Trust, Inc. (the "Company") in lieu of the dividend equivalent due on Mr. Lazar's existing RSUs and paid by the Company on March 17, 2023. Mr. Lazar has elected to defer his dividend equivalents and receipt of the common stock into which the RSUs are converted until May 2023, or earlier if his service as a director is terminated, or a change in control occurs, pursuant to a pre-established deferral election.