LAZAR MELVIN F 4
4 · ARBOR REALTY TRUST INC · Filed Dec 1, 2023
Insider Transaction Report
Form 4
LAZAR MELVIN F
Director
Transactions
- Award
Restricted Stock Units
2023-11-30$12.48/sh+372$4,643→ 11,195 total→ Common Stock, par value $0.01 per share (372 underlying)
Footnotes (1)
- [F1]On November 30, 2023, Mr. Lazar received 372 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 November 30, 2023. Mr. Lazar has elected to defer his dividend equivalents and receipt of the common stock into which the RSUs are converted until the respective pre-established deferral periods end.