Form 4 for ARI Apollo Commercial Real Estate Finance, Inc.
Accepted 2023-12-28 00:00:00 ET · period of report 2023-10-16 · accession 0001209191-23-059895 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023-12-28 | 2023-10-16 | ARI | ROTHSTEIN STUART | Pres, CEO, Dir | S - Sale | $10.09 | -40.0K | 490.8K | -8% | -$403.6K | |
| 2023-12-28 | 2023-12-26 | ARI | ROTHSTEIN STUART | Pres, CEO, Dir | A - Grant | $0.00 | +90.9K | 581.7K | +19% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2023-10-16 | S | D | 40,000 | $10.09 | 490,766 | D | — | — | (F2) The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.02 to $10.22, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote. (F3) Reported amount includes 375,496 restricted stock units ("RSUs") granted under the Amended and Restated Apollo Commercial Real Estate Finance, Inc. 2019 Equity Incentive Plan (the "Plan"). Each RSU represents the contingent right to receive one share of the Issuer's common stock for each vested RSU. The RSUs vest in installments in accordance with the terms of the applicable RSU Award Agreement by and between the reporting person and the Issuer, provided the reporting person remains in service through the applicable vesting dates. |
| 2 | Common | Common Stock | 2023-12-26 | A | A | 90,909 | $0.00 | 581,675 | D | — | — | (F4) Reported amount includes 466,405 RSUs granted under the Plan. Each RSU represents the contingent right to receive one share of the Issuer's common stock for each vested RSU. The RSUs vest in installments in accordance with the terms of the applicable RSU Award Agreement by and between the reporting person and the Issuer, provided the reporting person remains in service through the applicable vesting dates. |