X0306 4 2016-01-27 0 0000023795 CONSOLIDATED TOMOKA LAND CO CTO 0001392476 Albright John P 1530 CORNERSTONE BLVD. SUITE 100 DAYTONA BEACH FL 32117 1 1 0 0 President & CEO Common Stock 2016-01-27 4 A 0 6000 0 A 249509 D Common Stock 2016-01-28 4 F 0 729 45.29 D 248780 D Restricted shares one-third of which vest on each of the first, second and third anniversaries of January 28, 2016, provided that the reporting person is an employee of the Issuer on those dates. The fair market value of the common stock on the date of the grant was $45.10 per share, but the fair market value of the award when vested will be the fair market value of the common stock on each vesting date. On 1/28/2016, 2,666 shares of restricted common stock of the Issuer, which were awarded to the reporting person on 1/28/2015, became vested and unrestricted. A portion of the vesting shares were withheld by the Issuer in order to satisfy the reporting person's tax liability. This amount includes the 6,000 restricted shares reported above, as well as 7,334 additional shares of restricted common stock which vest over time, and 126,000 shares of restricted common stock which vest based on share price appreciation, both of which were previously reported. John P. Albright 2016-01-29