X0306 4 2016-10-27 0 0000023795 CONSOLIDATED TOMOKA LAND CO CTO 0001430181 Olivari William L. 141 SAGE BRUSH TRAIL, STE. D ORMOND BEACH FL 32174 1 0 0 0 Common Stock 2016-10-27 4 P 0 500 49.7655 A 5000 I By Spouse Of the 5,000 shares beneficially owned by the reporting person, he owns 200 directly, and 4,800 are owned by the reporting persons's spouse in an account over which the reporting person and his spouse share voting and investment power. /s/ Daniel E. Smith, Attorney-in-Fact for William L. Olivari 2016-10-31