SEC Form 4 · accession 0001104659-15-021767
ARBOR REALTY TRUST INC · ABR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ivan Kaufman
Officer — COB, CEO and President · Director · 10% Owner
Period of report
Mar 19, 2015
Accepted (ET)
Mar 23, 2015 · 4:18 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001253986
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $0.01 per shareF1 | Mar 19, 2015 | A | 179,294 | — | A | 381,405 | D | |
| Common Stock, par value $0.01 per share | holding | — | — | — | 180,000 | I | By Ivan and Lisa Kaufman Family Trust | |
| Common Stock, par value $0.01 per share | holding | — | — | — | 5,349,053 | I | By Arbor Commercial Mortgage, LLC | |
| Common Stock, par value $0.01 per share | holding | — | — | — | 3,598 | I | By son, Maurice Kaufman | |
| Common Stock, par value $0.01 per share | holding | — | — | — | 1,617 | I | By son, Adam Kaufman under Uniform Gift to Minors Act | |
| Common Stock, par value $0.01 per share | holding | — | — | — | 32,875 | I | By spouse, Lisa Kaufman |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF2,F3 | — | Mar 19, 2015 | A | 445,765 | A | — | — | Common Stock | 445,765 | 445,765 | D |
Explanation of responses
- F1Shares of common stock par value $0.01 per share of Arbor Realty Trust, Inc. (the "Company") granted pursuant to the Company's 2014 Omnibus Stock Incentive Plan. In regards to 105,000 of the shares, one third vest on the date of grant, one third vest in one year and one third vest in two years. In regards to 74,294 of the shares, one fourth vest on the date of grant, one fourth vest in one year, one fourth vest in two years and one fourth vest in three years.
- F2Each restricted stock unit represents the contingent right to receive one share of common stock upon vesting of the unit.
- F3The shares of Common Stock are issuable to the Reporting Person if the Company achieves certain total shareholder return objectives for the four-year period ending December 31, 2018, generally subject to continued employment with the Company as of the end of such four-year performance period.