Filing Details

Accession Number:
0001104659-18-054829
Form Type:
4
Zero Holdings:
No
Publication Time:
2018-08-31 17:06:35
Reporting Period:
2018-08-22
Accepted Time:
2018-08-31 17:06:35
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1253986 Arbor Realty Trust Inc ABR () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
942473 Ivan Kaufman C/O Arbor Realty Trust, Inc.
333 Earle Ovington Blvd., Ste. 900
Uniondale NY 11553
Cob, Ceo And President Yes Yes Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Special Voting Preferred Stock, Par Value $0.01 Per Share Disposition 2018-08-29 577,185 $0.00 14,873,236 No 4 J Indirect By Arbor Commercial Mortgage, LLC
Special Voting Preferred Stock, Par Value $0.01 Per Share Disposition 2018-08-22 1,378,175 $0.00 200,000 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 J Indirect By Arbor Commercial Mortgage, LLC
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock, Par Value $0.01 Per Share Partnership Common Units Disposition 2018-08-29 577,185 $0.00 577,185 $0.00
Common Stock, Par Value $0.01 Per Share Partnership Common Units Disposition 2018-08-22 1,378,175 $0.00 1,378,175 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
14,873,236 2018-08-29 No 4 J Indirect
200,000 2018-08-22 No 4 S Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Special Voting Preferred Stock, Par Value $0.01 Per Share 38,610 Indirect By Arbor Management, LLC
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Not Applicable Partnership Common Units $0.00 0 38,610 Indirect
Expiration Date Amount Remaning Holdings Nature of Ownership
0 38,610 Indirect
Footnotes
  1. On July 14, 2016, Arbor Realty Limited Partnership, a Delaware limited partnership, issued Partnership Common Units ("OP Units") to Arbor Commercial Mortgage, LLC ("ACM") and, therefore, Arbor Realty Trust, Inc. (the "Company") issued Special Voting Preferred Stock ("Preferred Shares") to ACM. On August 29, 2018, ACM distributed 577,185 OP Units and Preferred Shares with a fair market value of approximately $6.8 million to two of its partners in consideration for their respective membership interests. The fair market value was determined using the average closing stock price of the Company from August 16, 2018 through August 29, 2018 of $11.86.
  2. Mr. Kaufman disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.
  3. In connection with estate planning, on August 22, 2018, Mr. Kaufman sold 1,378,175 OP Units and Preferred Shares with a fair value of approximately $14.6 million to a trust for the benefit of his immediate family administered by independent trustees for approximately $14.6 million of cash. The trustees of the trust engaged an external third party valuation firm to assist the trust in deriving the fair value, which was determined to be $10.58 per share.
  4. Not applicable.