X0303 4 2009-06-15 0 0001253986 ARBOR REALTY TRUST INC ABR 0001029460 KOJAIAN C MICHAEL 333 EARLE OVINGTON BLVD. SUITE 900 UNIONDALE NY 11553 1 0 0 0 Common Stock, par value $0.01 2009-06-15 4 P 0 1200 1.91 A 47500 I By Kojaian Holdings, LLC Common Stock, par value $0.01 2009-06-15 4 P 0 400 1.92 A 47900 I By Kojaian Holdings, LLC Common Stock, par value $0.01 2009-06-15 4 P 0 200 1.93 A 48100 I By Kojaian Holdings, LLC Common Stock, par value $0.01 2009-06-15 4 P 0 300 1.94 A 48400 I By Kojaian Holdings, LLC Common Stock, par value $0.01 2009-06-15 4 P 0 1700 1.95 A 50100 I By Kojaian Holdings, LLC Common Stock, par value $0.01 2009-06-15 4 P 0 1700 1.96 A 51800 I By Kojaian Holdings, LLC Common Stock, par value $0.01 2009-06-15 4 P 0 7500 1.97 A 59300 I By Kojaian Holdings, LLC Common Stock, par value $0.01 2009-06-15 4 P 0 7400 1.98 A 66700 I By Kojaian Holdings, LLC Common Stock, par value $0.01 2009-06-15 4 P 0 200 1.9895 A 66900 I By Kojaian Holdings, LLC Common Stock, par value $0.01 2009-06-15 4 P 0 4200 1.99 A 71100 I By Kojaian Holdings, LLC Common Stock, par value $0.01 2009-06-15 4 P 0 19900 2.00 A 91000 I By Kojaian Holdings, LLC Common Stock, par value $0.01 2009-06-16 4 P 0 6300 2.01 A 97300 I By Kojaian Holdings, LLC Common Stock, par value $0.01 2009-06-16 4 P 0 2700 2.02 A 100000 I By Kojaian Holdings, LLC Common Stock, par value $0.01 16500 D Common Stock, par value $0.01 1000000 I By Kojaian Ventures, L.L.C. Kojaian Managagement Corporation is the sole member of Kojaian Holdings LLC. C. Michael Kojaian, the Reporting Person, owns 50% of Kojaian Management Corporation and Mike Kojaian owns the remaining 50%. Mr. Kojaian is the indirect beneficial owner of 1,000,000 shares of common stock of the Company held by Kojaian Ventures, L.L.C. The sole members of Kojaian Ventures, L.L.C. are Mr. Kojaian and Kojaian Ventures-MM, Inc. of which Mr. Kojaian is the sole stockholder. /s/ Walter K. Horn, Attorney-in-Fact for C. Michael Kojaian 2009-06-17