X0306 4 2019-01-02 0 0000761648 CEDAR REALTY TRUST, INC. CDR 0001521876 Mays Philip 44 SOUTH BAYLES AVENUE PORT WASHINGTON NY 11050 0 1 0 0 Chief Financial Officer Common Stock 2019-01-02 4 A 0 129032 0.00 A 574024 D Represents shares of restricted stock granted to the Reporting Person on January 2, 2019 (the "Grant Date") under the Issuer's 2017 Stock Incentive Plan in connection with the entering into of the Amended and Restated Employment Agreement between the Issuer and the Reporting Person. Such shares of restricted stock will vest on the 5th anniversary of the Grant Date, provided that the Reporting Person remains continuously employed for the entire vesting period through such 5th anniversary. /s/ Yoel Kranz, Attorney-in-Fact 2019-01-03