Peter Sack - 08 Dec 2021 Form 4 Insider Report for Chicago Atlantic Real Estate Finance, Inc. (REFI)

Role: Co-President, Director
Signature: /s/ Peter Sack
Issuer symbol: REFI
Transactions as of: 08 Dec 2021
Net transactions value: +$4,800
Form type: 4
Filing time: 10 Dec 2021, 19:43:45 UTC
Previous filing: 07 Dec 2021
Next filing: 13 Dec 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	REFI	Common Stock	Purchase	$4,800	+300		$16.00	300	08 Dec 2021	Direct	F1
transaction	REFI	Common Stock	Award	$0	+3,125	+1042%	$0.000000	3,425	10 Dec 2021	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	All of the shares held by Mr. Sack are subject to a 180-day lockup that ends on June 5, 2022.
F2	On December 10, 2021, Mr. Sack was awarded 3,125 restricted shares of common stock under the Chicago Atlantic Real Estate Finance, Inc. 2021 Omnibus Incentive Plan. Pursuant to the terms of the award agreement, the 3,125 restricted shares of common stock will vest in three years, with one-third of the restricted stock vesting after 12 months, and one-twenty fourth of the restricted stock vesting on a monthly basis thereafter.

Content

All of the shares held by Mr. Sack are subject to a 180-day lockup that ends on June 5, 2022.

On December 10, 2021, Mr. Sack was awarded 3,125 restricted shares of common stock under the Chicago Atlantic Real Estate Finance, Inc. 2021 Omnibus Incentive Plan. Pursuant to the terms of the award agreement, the 3,125 restricted shares of common stock will vest in three years, with one-third of the restricted stock vesting after 12 months, and one-twenty fourth of the restricted stock vesting on a monthly basis thereafter.