SEC Form 4 · accession 0001179110-18-012571

Safehold Inc. · SAFE

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Director

Period of report

Nov 2, 2018

Accepted (ET)

Nov 5, 2018 · 5:06 pm EST

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
Series D Preferred Stock	Nov 2, 2018	P	2,000	$24.60	A	4,800	I	IRA
Series D Preferred Stock	Nov 2, 2018	P	2,000	$24.60	A	2,500	I	Family Trust
Common Stock, par value $.001 per share	holding	—	—		—	52,519	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Common Stock Equivalents^F1	$0.00	Aug 31, 2018	P	351	A	—	—	Common Stock	43,942	—	D

F1On August 31, 2018, due to the dividends declared by iStar Inc. on its outstanding shares of Common Stock, the Reporting Person was credited with 351 additional vested Common Stock Equivalents (CSEs) under the iStar Inc. Non-Employee Directors Deferral (Plan) in respect of dividend equivalent rights on CSEs previously awarded to the Reporting Person, all of which are vested. Under the Plan, on the regular distribution date, vested CSEs will be settled by the transfer of shares of iStar Common Stock to the participant. The "regular distribution date" for distributions to Plan participants is the earlier of: (a) January 1 on or next following the earlier of (i) the date the participant ceases to be a non-employee director; and (ii) the date of the participant's death; and (b) a change of control (as defined in the Plan). A participant, under certain limited circumstances, is permitted to elect to receive distributions at times other than the regular distribution date.