Form 4 for CTO CTO Realty Growth, Inc.
Accepted 2022-05-09 00:00:00 ET · period of report 2021-01-28 · accession 0001415889-22-004781 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| M | 2022-05-09 | 2021-02-10+ | CTO | Vorakoun Lisa | VP, CAO | A - Grant | $0.00 | +3,615 | 5,785 | +167% | $0 |
| M | 2022-05-09 | 2021-01-28+ | CTO | Vorakoun Lisa | VP, CAO | F - Tax | $51.01 | -909 | 3,870 | -19% | -$46.4K |
| M | 2022-05-09 | 2021-02-26+ | CTO | Vorakoun Lisa | VP, CAO | S - Sale | $57.26 | -3,361 | 3,637 | -48% | -$192.5K |
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 | 2022-02-17 | A | A | 1,700 | $0.00 | 4,637 | D | — | — | (F8) Restricted shares one-third of which vest on each of the first, second and third anniversaries of January 28, 2022, provided that the reporting person is an employee of the Issuer on those dates. (F9) This amount includes the 1,700 restricted shares awarded on 2/17/22 and reported above, as well as 1,780 additional shares of restricted common stock which vest over time, which were reported previously and above. |
| 2 | Common | Common Stock | 2022-01-28 | F | D | 487 | $57.95 | 2,937 | D | — | — | (F6) On January 28, 2022, a total of 1,644 shares of restricted common stock of the Issuer previously awarded to the reporting person became vested and unrestricted. A portion of the vesting shares was withheld by the Issuer in order to satisfy the reporting person's tax liability. (F7) This amount includes 1,780 shares of restricted common stock which vest over time, which were reported previously and above. |
| 3 | Common | Common Stock | 2021-03-17 | S | D | 1,500 | $56.10 | 3,424 | D | — | — | (F5) This amount consists of 3,424 shares of restricted common stock which vest over time, which were reported previously and above. |
| 4 | Common | Common Stock | 2021-02-26 | S | D | 861 | $52.05 | 4,924 | D | — | — | (F5) This amount consists of 3,424 shares of restricted common stock which vest over time, which were reported previously and above. |
| 5 | Common | Common Stock | 2021-02-10 | A | A | 1,915 | $0.00 | 5,785 | D | — | — | (F3) Restricted shares one-third of which vest on each of the first, second and third anniversaries of January 28, 2021, provided that the reporting person is an employee of the Issuer on those dates. (F4) This amount includes the 1,915 restricted shares awarded on 2/10/21 and reported above, as well as 1,509 additional shares of restricted common stock which vest over time, which were reported previously and above. |
| 6 | Common | Common Stock | 2021-01-28 | F | D | 422 | $43.01 | 3,870 | D | — | — | (F1) On 1/28/2021, a total of 1,426 shares of restricted common stock of the Issuer previously awarded to the reporting person became vested and unrestricted. A portion of the vesting shares was withheld by the Issuer in order to satisfy the reporting person's tax liability. (F2) On November 10, 2020, the Issuer's Board of Directors declared a special distribution on its shares of common stock in an aggregate amount of $55.8 million (the "Special Distribution"). The Special Distribution was paid on December 21, 2020 (in a combination of cash and shares of the Issuer's common stock), to shareholders of record as of the close of business on November 19, 2020. As a result of the Special Distribution, the reporting person received 259 shares of the Issuer's common stock, which additional shares are reflected in Box 5 above. In addition, the amount in Box 5 above also includes 1,509 shares of restricted common stock which vest over time, 1,200 of which were previously reported, and 309 of which were additional shares representing an equitable adjustment addressing the dilutive effect of the stock portion of the Special Distribution. Of the 1,426 vesting restricted shares referenced in note 1 above, 1,134 were previously reported and 292 constituted part of the above-referenced equitable adjustment.. |
| 7 | Common | Common Stock | 2022-03-24 | S | D | 1,000 | $63.50 | 3,637 | D | — | — | (F10) This amount includes 3,480 shares of restricted common stock which vest over time, which were reported previously and above. |