ARBOR REALTY TRUST INC — Director's Dealing 2018

Mar 14, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ARBOR REALTY TRUST INC (ABR)
CIK: 0001253986
Period of Report: 2018-03-09

Reporting Person: KAUFMAN IVAN (Director, COB, CEO and President, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-03-09	Common Stock, par value $0.01 per share	A	63584	—	Acquired	760018	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-03-09	Restricted Stock Units	$	A	381503	Acquired		Common Stock, par value $0.01 per share (381503)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock, par value $0.01 per share	5349053	Indirect
Common Stock, par value $0.01 per share	180000	Indirect
Common Stock, par value $0.01 per share	3598	Indirect
Common Stock, par value $0.01 per share	1617	Indirect

Footnotes

F1: Share of common stock par value $0.01 per share of Arbor Realty Trust, Inc. (the "Company") granted pursuant to the Company's 2017 Omnibus Stock Incentive Plan. One fourth vest on the date of grant, one fourth vest in one year, one fourth vest in two years and one fourth vest in three years.

F2: Each restricted stock unit represents the contingent right to receive one share of common stock upon vesting of the unit.

F3: The shares of Common Stock are issuable to the Reporting Person if the Company achieves certain total shareholder return objectives for the four-year period ending December 31, 2021, generally subject to continued employment with the Company as of the end of such four-year performance period.