| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | CTO | Common Stock | Award | $0 | +12.1K | +7.02% | $0.00 | 184K | Feb 11, 2025 | Direct | F1, F2 |
| transaction | CTO | Common Stock | Tax liability | -$59.6K | -2.94K | -1.6% | $20.26 | 181K | Feb 11, 2025 | Direct | F2, F3 |
| transaction | CTO | Common Stock | Award | $0 | +10.4K | +5.72% | $0.00 | 191K | Feb 12, 2025 | Direct | F4, F5 |
| holding | CTO | Common Stock | 3K | Feb 11, 2025 | Kathyleen R. Smith TOD | F6 | |||||
| holding | CTO | Common Stock | 3K | Feb 11, 2025 | Kathyleen R. Smith WFCS Custodian Trad IRA | F6 |
| Id | Content |
|---|---|
| F1 | On February 11, 2025, the Issuer issued 12,078 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 17, 2022, 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, 2021. |
| F2 | This amount includes 20,737 shares of restricted common stock which vest over time, which were previously reported. |
| F3 | On February 11, 2025, the Reporting Person instructed the Issuer to withhold 2,940 of the Issued Shares to satisfy the Reporting Person's payroll tax liability. |
| F4 | Restricted shares one-third of which vest on each of the first, second and third anniversaries of January 28, 2025, provided that the reporting person is an employee of the Issuer on those dates. |
| F5 | This amount includes the 10,366 newly issued restricted shares reported above, as well as 20,737 additional shares of restricted common stock which vest over time, which were previously reported. |
| F6 | 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. |