SEC Form 4 · accession 0001392476-15-000009
CTO Realty Growth, Inc. · CTO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John P Albright
Officer — President & CEO · Director
Period of report
Nov 30, 2015
Accepted (ET)
Dec 2, 2015 · 6:55 pm EST
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 | Nov 30, 2015 | M | 13,500 | $28.90 | A | 254,762 | D | |
| Common StockF2,F1 | Dec 1, 2015 | S | 10,100 | $56.968 | D | 244,662 | D | |
| Common StockF1 | Dec 2, 2015 | S | 300 | $56.75 | D | 244,362 | D | |
| Common StockF1 | Dec 2, 2015 | S | 200 | $56.76 | D | 244,162 | 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 | $28.90 | Nov 30, 2015 | M | 13,500 | D | Aug 1, 2014 | Aug 1, 2021 | Common Stock | 13,500 | 0 | D |
Explanation of responses
- F1This amount includes 12,000 shares of restricted stock which vest over time, and 126,000 shares of restricted stock which vest based on share price appreciation, both of which were previously reported.
- F2This transaction was executed in multiple trades at prices ranging from $56.50 to $58.86. 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 transactions were effected.