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Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1253986	Arbor Realty Trust Inc	ABR	()	4

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
942473	Ivan Kaufman	C/O Arbor Realty Trust, Inc. 333 Earle Ovington Blvd., Ste. 900 Uniondale NY 11553	Cob, Ceo And President	Yes	Yes	Yes	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Special Voting Preferred Stock, Par Value $0.01 Per Share	Disposition	2018-08-29	577,185	$0.00	14,873,236	No	4	J	Indirect	By Arbor Commercial Mortgage, LLC
Special Voting Preferred Stock, Par Value $0.01 Per Share	Disposition	2018-08-22	1,378,175	$0.00	200,000	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	J	Indirect	By Arbor Commercial Mortgage, LLC
No	4	S	Direct

Reported Derivative Transactions

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock, Par Value $0.01 Per Share	Partnership Common Units	Disposition	2018-08-29	577,185	$0.00	577,185	$0.00
Common Stock, Par Value $0.01 Per Share	Partnership Common Units	Disposition	2018-08-22	1,378,175	$0.00	1,378,175	$0.00

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
14,873,236	2018-08-29		No	4	J	Indirect
200,000	2018-08-22		No	4	S	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Special Voting Preferred Stock, Par Value $0.01 Per Share	38,610	Indirect	By Arbor Management, LLC

Reported Derivative Holdings

Sec. Name	Sec. Type	Price	Date	Expiration Date	Amount	Remaning Holdings	Nature of Ownership
Not Applicable	Partnership Common Units	$0.00			0	38,610	Indirect

Expiration Date	Amount	Remaning Holdings	Nature of Ownership
	0	38,610	Indirect

Footnotes

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, Arbor Realty Trust, Inc. (the "Company") issued Special Voting Preferred Stock ("Preferred Shares") to ACM. On August 29, 2018, ACM distributed 577,185 OP Units and Preferred Shares with a fair market value of approximately $6.8 million to two of its partners in consideration for their respective membership interests. The fair market value was determined using the average closing stock price of the Company from August 16, 2018 through August 29, 2018 of $11.86.
Mr. Kaufman disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.
In connection with estate planning, on August 22, 2018, Mr. Kaufman sold 1,378,175 OP Units and Preferred Shares with a fair value of approximately $14.6 million to a trust for the benefit of his immediate family administered by independent trustees for approximately $14.6 million of cash. The trustees of the trust engaged an external third party valuation firm to assist the trust in deriving the fair value, which was determined to be $10.58 per share.
Not applicable.