Daniel E. Smith - 01 Jul 2022 Form 4 Insider Report for CTO Realty Growth, Inc. (CTO)

Role
SVP, GEN COUNSEL & CORP SECRET
Signature
/s/ Daniel E. Smith
Issuer symbol
CTO
Transactions as of
01 Jul 2022
Net transactions value
+$18,807
Form type
4
Filing time
28 Sep 2022, 17:30:25 UTC
Previous filing
09 Jun 2022
Next filing
12 Jan 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CTO Common Stock Award $0 +9,000 +7.4% $0.000000 129,991 01 Jul 2022 Direct F1, F2, F3
transaction CTO Common Stock Purchase $9,434 +500 +0.38% $18.87 130,491 27 Sep 2022 Direct F2, F3
transaction CTO Common Stock Purchase $9,373 +500 +0.38% $18.75 130,991 27 Sep 2022 Direct F2, F3
holding CTO Common Stock 3,000 01 Jul 2022 Kathyleen R. Smith WFCS Custodian Trad IRA F3, F4
holding CTO Common Stock 1,110 01 Jul 2022 Kathyleen R. Smith TOD F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted shares which vest on the third anniversary of July 1, 2022, provided that the reporting person is an employee of the Issuer on such date.
F2 This amount includes the following: (i) the 9,000 restricted shares reported above, as well as 14,997 additional shares of restricted common stock which vest over time which were previously reported; and (ii) 1,037 shares of common stock acquired through the Issuer's dividend reinvestment plan since June 9, 2022 (the date of the reporting person's previous Form 4 filing).
F3 Share amounts reported in this Form 4 reflect the Company's 3-for-1 stock split, which was effected in the form of a stock dividend that was paid on June 30, 2022 to stockholders of record at the close of business on June 27, 2022. The Company's stock began trading at the post-split price on July 1, 2022.
F4 The reporting person may be regarded as the beneficial owner of the shares of the Issuer's common stock held in this account as a result of a durable power of attorney pursuant to which the reporting person has the authority to direct the voting and disposition of such shares. The reporting person disclaims beneficial ownership of any shares of the Issuer's common stock held in this account except to the extent of his pecuniary interest therein.