SEC Form 4 · accession 0001623528-17-000028
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
Dec 22, 2017
Accepted (ET)
Dec 22, 2017 · 5:10 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,F2 | Dec 22, 2017 | F | 820 | $62.49 | D | 31,614 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On 12/20/2017, the vesting criteria for 3,000 shares of restricted common stock of the Issuer, which restricted shares were awarded to the reporting person on 4/16/2012, were satisfied. A portion of the vesting shares was withheld by the Issuer in order to satisfy the reporting person's payroll tax withholding liability.
- F2This amount includes 5,000 shares of restricted common stock which vest over time, and 3,000 shares of restricted common stock which vest based on share price appreciation, both of which were previously reported.