ROTHSTEIN STUART 4
4 · Apollo Commercial Real Estate Finance, Inc. · Filed Jan 18, 2024
Insider Transaction Report
Form 4
ROTHSTEIN STUART
DirectorPresident & CEO
Transactions
- Sale
Common Stock
2024-01-16$11.45/sh−40,000$458,192→ 541,675 total
Footnotes (3)
- [F1]The sales by the reporting person reported in this Form 4 were effected pursuant to a Rule 10b5-1 plan adopted by the reporting person on February 21, 2023.
- [F2]The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $11.39 to $11.58, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
- [F3]Reported amount includes 466,405 restricted stock units ("RSUs") granted under the Amended and Restated Apollo Commercial Real Estate Finance, Inc. 2019 Equity Incentive Plan. Each RSU represents the contingent right to receive one share of the Issuer's common stock for each vested RSU. The RSUs vest in installments in accordance with the terms of the applicable RSU Award Agreement by and between the reporting person and the Issuer, provided the reporting person remains in service through the applicable vesting dates.