Advanced Flower Capital Inc. — Director's Dealing 2021

Mar 18, 2021

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: AFC Gamma, Inc. (AFCG)
CIK: 0001822523
Period of Report: 2021-03-18

Reporting Person: TANNENBAUM LEONARD M (N/A)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	3342500	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option (right to buy)	$15.29	2027-11-18	Common Stock (105980)		Direct
Stock Option (right to buy)	$14.71	2027-08-29	Common Stock (670978)		Direct
Stock Option (right to buy)	$14.71	2027-08-29	Common Stock (20160)		Indirect

Footnotes

F1: Share numbers give effect to the seven-for-one stock split of each share of the Issuer's Common Stock, which occurred on January 25, 2021.

F2: The shares subject to this option fully vested on November 18, 2020 and become exercisable upon the earlier of a "Change in Control Event" or "Public Offering Date" (as such terms are defined in the AFC Gamma, Inc. Stock Incentive Plan).

F3: The shares subject to this option fully vested on August 12, 2020 and become exercisable upon the earlier of a "Change in Control Event" or "Public Offering Date" (as such terms are defined in the AFC Gamma, Inc. Stock Incentive Plan).

F4: The Reporting Person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.