X0306 4 2019-03-08 0 0001253986 ARBOR REALTY TRUST INC ABR 0000942473 KAUFMAN IVAN C/O ARBOR REALTY TRUST, INC. 333 EARLE OVINGTON BLVD., STE. 900 UNIONDALE NY 11553 1 1 1 0 COB, CEO and President Common Stock, par value $0.01 per share 2019-03-08 4 A 0 58738 A 1024911 D Common Stock, par value $0.01 per share 2019-03-08 4 F 0 7981 12.67 D 1016930 D Common Stock, par value $0.01 per share 2019-03-09 4 F 0 8639 12.67 D 1008291 D Common Stock, par value $0.01 per share 4994736 I By Arbor Commercial Mortgage, LLC Common Stock, par value $0.01 per share 3632 I By son, Maurice Kaufman Common Stock, par value $0.01 per share 1632 I By son, Adam Kaufman under Uniform Gift to Minors Act Special Voting Preferred Stock, par value $0.01 per share 2019-03-08 4 J 0 126282 D 14772918 I By Arbor Commercial Mortgage, LLC Special Voting Preferred Stock, par value $0.01 per share 75805 D Special Voting Preferred Stock, par value $0.01 per share 39024 I By Arbor Management, LLC Restricted Stock Units 2019-03-08 4 A 0 352427 0 A Common Stock, par value $0.01 per share 352427 352427 D Partnership Common Units 2019-03-08 4 J 0 126282 D 2019-03-08 Common Stock, par value $0.01 per share 126282 14772918 I By Arbor Commercial Mortgage, LLC Partnership Common Units Not Applicable 75805 D Partnership Common Units Not Applicable 39024 I By Arbor Management, LLC Share of common stock par value $0.01 per share of Arbor Realty Trust, Inc. (the "Company") granted pursuant to the Company's 2017 Omnibus Stock Incentive Plan. One fourth vest on the date of grant, one fourth vest in one year, one fourth vest in two years and one fourth vest in three years. Represents shares that have been reaquired by the Company to satisfy tax-withholding obligations in connection with the vesting of Mr. Kaufman's common stock. Mr. Kaufman disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein. Each restricted stock unit represents the contingent right to receive one share of common stock upon vesting of the unit. The shares of Common Stock are issuable to Mr. Kaufman if the Company achieves certain total shareholder return objectives for the four-year period ending December 31, 2022, generally subject to continued employment with the Company as of the end of such four-year performance period. On July 14, 2016, Arbor Realty Limited Partnership, a Delaware limited partnership, issued Partnership Common Units ("OP Units") to Arbor Commercial Mortgage, LLC ("ACM") and, therefore, the Company issued Special Voting Preferred Stock ("Preferred Shares") to ACM. On March 8, 2019, ACM distributed 126,282 OP Units and Preferred Shares with a fair market value of approximately $1.6 million to one of its partners for his respective membership interest. The fair market value was determined using the closing stock price of the Company on March 8, 2019 of $12.67. In addition, the Company redeemed such distributed shares for cash totaling approximately $1.6 million, which was based on the same $12.67 fair market value described above. Not applicable. /s/ Ivan Kaufman 2019-03-12