| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | CTO | Common Stock | Award | $0 | +15,561 | +9.8% | $0.000000 | 175,147 | 10 Jan 2024 | Direct | F1, F2 |
| transaction | CTO | Common Stock | Tax liability | $112,591 | -6,592 | -3.8% | $17.08 | 168,555 | 10 Jan 2024 | Direct | F2, F3 |
| holding | CTO | Common Stock | 3,000 | 10 Jan 2024 | Kathyleen R. Smith TOD | F4 | |||||
| holding | CTO | Common Stock | 3,000 | 10 Jan 2024 | Kathyleen R. Smith WFCS Custodian Trad IRA | F4 |
| Id | Content |
|---|---|
| F1 | On January 10, 2024, the Issuer issued 15,561 shares of its common stock (the "Issued Shares") to the Reporting Person. The Issued Shares were issued pursuant to a Performance Shares Award Agreement between the Issuer and the Reporting Person dated February 10, 2021, the form of which has been filed as an exhibit to the Issuer's annual report on Form 10-K for the year ended December 31, 2020. |
| F2 | This amount includes (i) 29,816 shares of restricted common stock which vest over time, which were previously reported, and (ii) 1,712 shares of common stock acquired through the Issuer's dividend reinvestment plan since March 14, 2023 (the date of the Reporting Person's previous Form 4 filing). |
| F3 | On January 10, 2024, the Reporting Person instructed the Issuer to withhold 6,592 of the Issued Shares to satisfy the Reporting Person's payroll tax liability. |
| 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. |