X0306 4 2020-02-13 0 0001253986 ARBOR REALTY TRUST INC ABR 0000942473 KAUFMAN IVAN C/O ARBOR REALTY TRUST, INC. 333 EARLE OVINGTON BLVD., STE. 900 UNIONDALE NY 11553 1 1 1 0 COB, CEO and President Common Stock, par value $0.01 per share 2020-02-13 4 M 0 421348 0 A 1445480 D Common Stock, par value $0.01 per share 2020-02-13 4 F 0 206334 15.01 D 1239146 D Common Stock, par value $0.01 per share 2020-02-14 4 D 0 245531 13.93 D 993615 D Common Stock, par value $0.01 per share 2020-02-14 4 D 0 387140 13.93 D 3898554 I By Arbor Commercial Mortgage, LLC Common Stock, par value $0.01 per share 3632 I By son, Maurice Kaufman Common Stock, par value $0.01 per share 1632 I By son, Adam Kaufman Special Voting Preferred Stock, par value $0.01 per share 2020-02-14 4 D 0 75805 13.93 D 0 D Special Voting Preferred Stock, par value $0.01 per share 2020-02-14 4 D 0 39024 13.93 D 0 I By Arbor Management, LLC Special Voting Preferred Stock, par value $0.01 per share 2020-02-14 4 J 0 16628 D 14669101 I By Arbor Commercial Mortgage, LLC Restricted Stock Units 2020-02-13 4 M 0 421348 0 D 2020-02-13 Common Stock, par value $0.01 per share 421348 1182910 D Partnership Common Units 2020-02-14 4 D 0 75805 13.93 D Common Stock, par value $0.01 per share 75805 0 D Partnership Common Units 2020-02-14 4 D 0 39024 13.93 D Common Stock, par value $0.01 per share 39024 0 I By Arbor Management, LLC Partnership Common Units 2020-02-14 4 J 0 16628 D Common Stock, par value $0.01 per share 16628 14669101 I By Arbor Commercial Mortgage, LLC In 2016, Mr. Kaufman was granted up to 421,348 of Restricted Stock Units, which were issuable based on the achievement of certain four-year shareholder return objectives ending December 31, 2019 of Arbor Realty Trust, Inc. (the "Company"). Based on the Company's results, 421,348 Restricted Stock Units vested. Represents shares that have been withheld by the Company to satisfy tax-withholding obligations in connection with the vesting of Mr. Kaufman's Restricted Stock Units. Each Restricted Stock Unit represents the contingent right to receive one share of common stock upon vesting of the unit. As previously agreed to, the Company used a portion of the net proceeds received from its December 12, 2019 public offering of 7,475,000 shares of common stock (the "Offering") to purchase an aggregate of 747,500 shares of the Company's common stock and/or Partnership Common Units ("OP Units") held by Mr. Kaufman, Arbor Commercial Mortgage, LLC ("ACM") and Arbor Management, LLC for $13.93 per share, which is the same price at which the underwriters purchased the shares in the Offering. Mr. Kaufman disclaims beneficial ownership of these shares of common stock except to the extent of his pecuniary interest therein. Each Restricted Stock Unit represents the contingent right to receive one share of common stock upon vesting of the unit. Not applicable. On July 14, 2016, Arbor Realty Limited Partnership, a Delaware limited partnership, issued OP Units to ACM and, therefore, the Company issued Special Voting Preferred Stock ("Preferred Shares") to ACM. On February 14, 2020, ACM distributed 16,628 OP Units and Preferred Shares with a fair market value of approximately $250,000 to one of its partners for a portion of his respective membership interest. The fair market value was determined using the average closing stock price of the Company from January 31, 2020 to February 13, 2020 of $15.04. /s/ Ivan Kaufman 2020-02-14