CTO Realty Growth, Inc. — Director's Dealing 2021

Feb 12, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CTO Realty Growth, Inc. (CTO)
CIK: 0000023795
Period of Report: 2021-02-10

Reporting Person: FRANKLIN LAURA M (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-02-10	Common Stock	A	788	$44.3785	Acquired	7430	Direct

Footnotes

F1: These shares were issued to the Reporting Person as her $35,000 "Annual Award" pursuant to the Issuer's Non-Employee Director Compensation Policy adopted by the Issuer's board of directors on February 27, 2019, as amended. The share price utilized to calculate the number of shares issued was the 20-day trailing average closing price as of February 4, 2021, or $44.3785.

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 1,393 shares of the Issuer's common stock. In a footnote in the Reporting Person's Form 4 filed on January 6, 2021, the Reporting Person reported the receipt of approximately 1,411 shares of the Issuer's common stock as a result of the Special Distribution. This Form 4 reflects that the actual number of shares received by the Reporting Person as a result of the Special Distribution was 1,393.