SEC Form 4 · accession 0001179110-18-004803
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
Mar 23, 2018
Accepted (ET)
Mar 23, 2018 · 4:01 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 | Mar 23, 2018 | A | 301,619 | $0.00 | A | 2,514,454 | D | |
| Common StockF1 | Mar 23, 2018 | F | 147,501 | $0.00 | D | 2,514,454 | D | |
| Common StockF2 | holding | — | — | — | 40,544 | I | By spouse | |
| Preferred Stock, Series DF2 | holding | — | — | — | 2,000 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1A total of 301,619 shares of iStar common stock were issued and delivered to the Reporting Person, Mr. Jay Sugarman, in connection with a payout of amounts available for distribution pursuant to, and in accordance with, vested awards previously made to the Reporting Person under the iStar Inc. 2013 Performance Incentive Plan. After deducting 147,501 shares for applicable tax withholding, the Reporting Person acquired a net amount of 154,118 shares of iStar common stock.
- F2Following the transactions reported in this Form 4, the Reporting Person is the direct beneficial owner of _________ 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.