SEC Form 4 · accession 0001179110-16-023247
Safehold Inc. · SAFE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jay Sugarman
Officer — Chairman and CEO · Director
Period of report
Apr 20, 2016
Accepted (ET)
Apr 20, 2016 · 6:53 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,F2 | Feb 1, 2016 | A | 21,714 | $0.00 | A | 2,560,336 | D | |
| Common StockF1,F2 | Feb 1, 2016 | F | 9,065 | $0.00 | D | 2,560,336 | D | |
| Common Stock | holding | — | — | — | 40,544 | I | By spouse | |
| Preferred Stock, Series D | holding | — | — | — | 2,000 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Effective February 1, 2016, the Reporting Person, Mr. Jay Sugarman, acquired 21,714 shares of iStar Common Stock upon the vesting of Restricted Stock Units pursuant to an incentive equity award granted February 1, 2013, which award was previously reported on Form 4. After deducting 9,065 shares of iStar Common Stock for applicable tax withholdings, the Reporting Person acquired a net amount of 12,649 shares of iStar Common Stock.
- F2Following the transactions reported in this Form 4, the Reporting Person is the direct beneficial owner of 2,560,336 shares of iStar Common Stock and 2,000 shares of iStar Series D Preferred Stock and the indirect beneficial owner of 40,544 shares of iStar Common Stock owned by his spouse.