John P. Albright - 07 Sep 2021 Form 4 Insider Report for CTO Realty Growth, Inc. (CTO)

Role: PRESIDENT & CEO, Director
Signature: /s/ Daniel E. Smith, attorney-in-fact for John P. Albright
Issuer symbol: CTO
Transactions as of: 07 Sep 2021
Transactions value $: -$71,785
Form type: 4
Filing time: 09 Sep 2021, 17:30:26 UTC
Previous filing: 31 Aug 2021
Next filing: 29 Sep 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CTO	Common Stock	Options Exercise	$672,656	+15,167	+11%	$44.35	158,690	07 Sep 2021	Direct
transaction	CTO	Common Stock	Tax liability	-$744,441	-13,204	-8.3%	$56.38	145,486	07 Sep 2021	Direct	F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	CTO	Employee Stock Option	Options Exercise	$0	-15,167	-100%	$0^*	0	07 Sep 2021	Common Stock	15,167	$44.35	Direct	F2

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

Explanation of Responses:

Id	Content
F1	This amount includes 18,443 shares of restricted common stock which vest over time, which were previously reported.
F2	The option, representing a right to purchase a total of 50,167 shares, became exercisable in three installments (02/26/2016, which was the date the option was granted, 01/28/2017 and 01/28/2018).