SEC Form 4 · accession 0001104659-19-014361

ARBOR REALTY TRUST INC · ABR

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

Reporting owner

Officer — General Counsel

Period of report

Mar 8, 2019

Accepted (ET)

Mar 12, 2019 · 5:58 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	Mar 8, 2019	J	126,282	—	A	152,986	D
Special Voting Preferred Stock, par value $0.01 per share^F1	Mar 8, 2019	D	126,282	—	D	26,704	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Partnership Common Units^F1,F2	—	Mar 8, 2019	J	126,282	A	Mar 8, 2019	—	Common Stock, par value $0.01 per share	126,282	152,986	D
Partnership Common Units^F1,F2	—	Mar 8, 2019	D	126,282	D	Mar 8, 2019	—	Common Stock, par value $0.01 per share	126,282	26,704	D

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 March 8, 2019, ACM distributed 126,282 OP Units and Preferred Shares with a fair market value of approximately $1.6 million to the reporting person for his respective membership interest. The fair market value was determined using the closing stock price of the Company on March 8, 2019 of $12.67. In addition, the Company redeemed such distributed shares from the reporting person for cash totaling approximately $1.6 million, which was based on the same $12.67 fair market value described above.
F2Not applicable.