SEC Form 4 · accession 0001282528-18-000001
CTO Realty Growth, Inc. · CTO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mark E Patten
Officer — Sr. VP & CFO
Period of report
Jul 31, 2018
Accepted (ET)
Aug 2, 2018 · 6:04 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 | Jul 31, 2018 | M | 5,000 | $29.34 | A | 37,668 | D | |
| Common Stock | Jul 31, 2018 | F | 740 | $65.51 | D | 36,928 | D | |
| Common StockF2 | Jul 31, 2018 | S | 3,417 | $65.164 | D | 33,511 | D | |
| Common Stock | Aug 1, 2018 | M | 5,000 | $29.34 | A | 38,511 | D | |
| Common Stock | Aug 1, 2018 | F | 740 | $62.91 | D | 37,771 | D | |
| Common StockF3 | Aug 1, 2018 | S | 300 | $64.94 | D | 37,471 | D | |
| Common StockF4 | Aug 2, 2018 | S | 3,117 | $62.97 | D | 34,354 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy common stock)F5 | $29.34 | Jul 31, 2018 | M | 5,000 | D | — | Apr 16, 2022 | Common Stock | 5,000 | 5,000 | D |
| Employee Stock Option (right to buy common stock)F5 | $29.34 | Aug 1, 2018 | M | 5,000 | D | — | Apr 16, 2022 | Common Stock | 5,000 | 5,000 | D |
Explanation of responses
- F1Amounts in Table 1 Column 5 include 4,237 shares of restricted stock which vest over time and which were previously reported.
- F2This transaction was executed in multiple trades at prices ranging from $64.93 to $65.74. The price set forth above reflects the weighted-average price per share. The reporting person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the trades were effected.
- F3This transaction was executed in multiple trades at prices ranging from $64.70 to $65.37. The price set forth above reflects the weighted-average price per share. The reporting person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the trades were effected.
- F4This transaction was executed in multiple trades at prices ranging from $62.80 to $63.455. The price set forth above reflects the weighted-average price per share. The reporting person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the trades were effected.
- F5The option, representing a right to purchase a total of 10,000 shares, became exercisable in three annual installments beginning on 04/16/2013, which was the first anniversary of the date on which the option was granted.