SEC Form 4 · accession 0001104659-18-054827

ARBOR REALTY TRUST INC · ABR

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Director

Period of report

Aug 29, 2018

Accepted (ET)

Aug 31, 2018 · 5:04 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
Special Voting Preferred Stock, par value $0.01 per share^F1	Aug 29, 2018	J	366,393	—	A	448,415	I	The Living Trust of Joseph Martello
Special Voting Preferred Stock, par value $0.01 per share^F1	Aug 29, 2018	D	366,393	—	D	82,022	I	The Living Trust of Joseph Martello

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Partnership Common Units^F1,F2	—	Aug 29, 2018	J	366,393	A	Aug 29, 2018	—	Common Stock, par value $0.01 per share	366,393	448,415	I
Partnership Common Units^F1,F2	—	Aug 29, 2018	D	366,393	D	Aug 29, 2018	—	Common Stock, par value $0.01 per share	366,393	82,022	I

F1On July 14, 2016, Arbor Realty Limited Partnership, a Delaware limited partnership, issued Partnership Common Units ("OP Units") to Arbor Commercial Mortgage, LLC ("ACM") and, therefore, Arbor Realty Trust, Inc. (the "Company") issued Special Voting Preferred Stock ("Preferred Shares") to ACM. On August 29, 2018, ACM distributed 366,393 OP Units and Preferred Shares with a fair market value of approximately $4.3 million to the reporting person for his respective membership interest. The fair market value was determined using the average closing stock price of the Company from August 16, 2018 through August 29, 2018 of $11.86. In addition, the Company redeemed such distributed shares from the reporting person for cash totaling approximately $4.3 million, which was based on the same $11.86 fair market value described above.
F2Not applicable.