SEC Form 4/A · accession 0001282528-15-000002
CTO Realty Growth, Inc. · CTO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
This is an amendment (Form 4/A). It replaces an earlier filing for the same period.
Reporting owner
Mark E Patten
Officer — Sr. VP & CFO
Period of report
Dec 22, 2014
Accepted (ET)
Mar 26, 2015 · 9:55 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000023795
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2,F3,F4 | Dec 22, 2014 | M | 3,000 | — | A | 14,600 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2,F3,F6 | — | Dec 22, 2014 | M | 3,000 | D | — | Apr 16, 2022 | Common Stock | 3,000 | 6,000 | D |
Explanation of responses
- F1Represents the number of restricted shares that vested upon the satisfaction of stock price criteria described in footnote #3.
- F2The Form 4 for this transaction, as originally filed, incorrectly reported the number of shares as 2,500 rather than 3,000.
- F3On April 14, 2012, the reporting person was granted 17,000 restricted shares, which were to vest in six tranches based on the price of the issuer's common stock attaining the following thresholds: $36.00, $40.00, $46.00, $53.00, $60.00, and $65.00. The first tranche of the restricted share grant ($36.00) vested on March 21, 2013. The second tranche ($40.00) vested on May 12, 2014. The third tranche ($46.00) vested on August 20, 2014. The fourth tranche ($53.00) vested on December 22, 2014.
- F4The Form 4 for this transaction, as originally filed, incorrectly reported the amount of non-derivative securities beneficially owned following the reported transaction as 14,100 rather than 14,600.
- F5The Form 4 for this transaction, as originally filed, incorrectly used the transaction code P rather than the correct transaction code M.
- F6The Form 4 for this transaction, as originally filed, incorrectly reported the number of derivative securities beneficially owned following the reported transaction as 6,500, rather than 6,000.