LAZAR MELVIN F 4
4 · ARBOR REALTY TRUST INC · Filed Jun 3, 2024
Insider Transaction Report
Form 4
LAZAR MELVIN F
Director
Transactions
- Award
Restricted Stock Units
2024-05-31$13.68/sh+652$8,919→ 21,391 total→ Common Stock, par value $0.01 per share (652 underlying)
Footnotes (1)
- [F1]On May 31, 2024, Mr. Lazar received 652 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 May 31, 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.