X0306 4 2017-12-22 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 2017-12-22 4 F 0 341 62.49 D 10593 D On 12/20/2017, the vesting criteria for 1,250 shares of restricted common stock of the Issuer, which restricted shares were awarded to the reporting person on 10/22/2014, were satisfied. A portion of the vesting shares was withheld by the Issuer in order to satisfy the reporting person's payroll tax withholding liability. This amount includes 4,167 shares of restricted common stock which vest over time, and 1,250 shares of restricted common stock which vest based on share price appreciation, both of which were previously reported. /s/ Daniel E. Smith 2017-12-22