LAZAR MELVIN F 4
4 · ARBOR REALTY TRUST INC · Filed Mar 18, 2024
Insider Transaction Report
Form 4
LAZAR MELVIN F
Director
Transactions
- Award
Restricted Stock Units
2024-03-14+9,172→ 20,367 total→ Common Stock, par value $0.01 per share (9,172 underlying) - Award
Restricted Stock Units
2024-03-15$12.96/sh+372$4,821→ 20,739 total→ Common Stock, par value $0.01 per share (372 underlying)
Footnotes (2)
- [F1]On March 14, 2024, Mr. Lazar was granted 9,172 fully vested restricted stock units ("RSUs") of Arbor Realty Trust, Inc. (the "Company") pursuant to the Company's 2020 Amended Omnibus Stock Incentive Plan. Mr. Lazar has elected to defer receipt of the common stock into which the RSUs are converted until his service as a director is terminated, or sooner upon a change in control, pursuant to a pre-established deferral election.
- [F2]On March 15, 2024, Mr. Lazar received 372 fully vested RSUs of the Company in lieu of the dividend equivalent due on Mr. Lazar's existing RSUs and paid by the Company on March 15, 2024. Mr. Lazar has elected to defer his dividend equivalents and receipt of the common stock into which the RSUs are converted until his service as a director is terminated, or sooner upon a change in control, pursuant to a pre-established deferral election.