ARBOR REALTY TRUST INC — Director's Dealing 2021

Apr 23, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ARBOR REALTY TRUST INC (ABR)
CIK: 0001253986
Period of Report: 2021-04-22

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-04-22	Common Stock, par value $0.01 per share	D	250546	$15.48	Disposed	911001	Direct
2021-04-22	Common Stock, par value $0.01 per share	A	184729	—	Acquired	1095730	Direct
2021-04-22	Common Stock, par value $0.01 per share	F	18437	$16.575	Disposed	1077293	Direct
2021-04-22	Common Stock, par value $0.01 per share	D	99454	$15.48	Disposed	3428629	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock, par value $0.01 per share	3632	Indirect
Common Stock, par value $0.01 per share	1632	Indirect

Footnotes

F1: As previously agreed to, Arbor Realty Trust, Inc. (the "Company") used a portion of the net proceeds received from its March 30, 2021 public offering of 7,000,000 shares of common stock (the "Offering") to purchase an aggregate of 350,000 shares of the Company's common stock held by Mr. Kaufman and Arbor Commercial Mortgage, LLC for $15.48 per share, which is the same price at which the underwriters purchased the shares in the Offering.

F2: Shares of common stock par value $0.01 per share of the Company granted pursuant to the Company's 2020 Amended Omnibus Stock lncentive Plan. The shares vest in full three years after the grant date.

F3: Represents shares that have been withheld by the Company to satisfy tax-withholding obligations in connection with the vesting of Mr. Kaufman's common stock.

F4: Mr. Kaufman disclaims beneficial ownership of these shares of common stock except to the extent of his pecuniary interest therein.