SEC FORM 4

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

MARTELLO JOSEPH

(Last)

(First)

(Middle)

C/O ARBOR REALTY TRUST, INC.

333 EARLE OVINGTON BLVD., STE. 900

(Street)

UNIONDALE

11553

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
ARBOR REALTY TRUST INC [ ABR ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
12/03/2020

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock, par value $0.01 per share	12/03/2020		D⁽¹⁾		85,000	D	$13.3⁽¹⁾	100,000⁽²⁾	I	By: The KFT 2018 NY Trust
Common Stock, par value $0.01 per share								40,000⁽²⁾	I	By: The KFT DT LLC
Common Stock, par value $0.01 per share								120,114	D
Special Voting Preferred Stock, par value $0.01 per share	12/03/2020		D⁽¹⁾		40,599	D	$13.3⁽¹⁾	782,496⁽²⁾	I	By: The KFT 2018 NY Trust
Special Voting Preferred Stock, par value $0.01 per share								3,000,000⁽²⁾	I	By: The KFT DT LLC
Special Voting Preferred Stock, par value $0.01 per share								82,902	I	By: The Living Trust of Joseph Martello

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Partnership Common Units	⁽³⁾	12/03/2020		D⁽¹⁾			40,599	⁽³⁾	⁽³⁾	Common Stock, par value $0.01 per share	40,599	$13.3⁽¹⁾	782,496⁽²⁾	I	By: The KFT 2018 NY Trust
Partnership Common Units	⁽³⁾							⁽³⁾	⁽³⁾	Not Applicable⁽³⁾	⁽³⁾		3,000,000⁽²⁾	I	By: The KFT DT LLC
Partnership Common Units	⁽³⁾							⁽³⁾	⁽³⁾	Not Applicable⁽³⁾	⁽³⁾		82,902	I	By: The Living Trust of Joseph Martello

Explanation of Responses:

1. As previously agreed to, Arbor Realty Trust, Inc. (the "Company") used a portion of the net proceeds received from its November 13, 2020 public offering of 7,000,000 shares of common stock (the "Offering") to purchase an aggregate of 125,599 shares of the Company's common stock and Partnership Common Units held by The KFT 2018 NY Trust for $13.30 per share, which is the same price at which the underwriters purchased the shares in the Offering.

2. These estate planning vehicles were set up for the benefit of the immediate family of the Company's Chief Executive Officer, Ivan Kaufman. Mr. Martello shares in the voting and investment power of these vehicles and disclaims beneficial ownership over these securities.

3. Not applicable.

	/s/ Joseph Martello	12/04/2020
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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