SEC Form 4 · accession 0001179110-15-004833
Safehold Inc. · SAFE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Nina Matis
Officer — Chief Legal Officer & CIO
Period of report
Dec 31, 2014
Accepted (ET)
Mar 12, 2015 · 6:39 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001095651
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F3 | Dec 31, 2014 | A | 82,110 | $0.00 | A | 296,827 | D | |
| Common StockF1,F3 | Dec 31, 2014 | F | 45,833 | $0.00 | D | 296,827 | D | |
| Common StockF2,F3 | Jan 30, 2015 | A | 56,557 | $0.00 | A | 296,827 | D | |
| Common StockF2,F3 | Jan 30, 2015 | F | 24,987 | $0.00 | D | 296,827 | D | |
| Restricted Stock UnitsF4 | holding | — | — | — | 27,000 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Effective December 31, 2014, the Reporting Person, Ms. Nina Matis, acquired 82,110 shares of iStar common stock upon the vesting of Restricted Stock Units (Units) at 195.5% of the target amount of the original award, following achievement of performance and service conditions pursuant to an award dated February 1, 2013, which award was previously reported on Form 4. After deducting 45,833 shares for applicable tax withholding, the Reporting Person acquired a net amount of 36,277 shares of iStar common stock.
- F2Effective January 30, 2015, the Reporting Person has been granted 56,557 shares of iStar common stock in connection with an annual incentive award. After deducting 31,570 shares for applicable tax withholding, the Reporting Person acquired a net amount of 24,987 shares in a transaction completed following payroll processing. The shares are fully vested and are subject to transfer restrictions which provide that one-half of the shares may not be sold for one year and one-half of the shares may not be sold for two years from the date of the award.
- F3Following the transactions reported in this Form 4, the Reporting Person is the beneficial owner of a total of 296,827 shares of iStar common stock, which are owned directly.
- F4The Reporting Person is also the holder of 27,000 Units representing the right to receive an equivalent number of shares of iStar common stock (net of shares deducted for taxes and other withholdings) if and when the Units vest.