X0306 4 2016-01-27 0 0000023795 CONSOLIDATED TOMOKA LAND CO CTO 0001623528 Smith Daniel Earl P.O. BOX 10809 DAYTONA BEACH FL 32120 0 1 0 0 Sr. VP & General Counsel Common Stock 2016-01-27 4 A 0 3000 0 A 7800 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. This amount includes the 3,000 restricted shares reported herein, as well as 334 additional shares of restricted common stock which vest over time, and 2,500 shares of restricted common stock which vest based on share price appreciation, both of which were previously reported. Daniel E. Smith 2016-01-29