SEC Form 4 · accession 0001179110-19-003783
Safehold Inc. · SAFE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert W Holman Jr.
Director
Period of report
Mar 11, 2019
Accepted (ET)
Mar 13, 2019 · 3:09 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 |
|---|---|---|---|---|---|---|---|---|
| Preferred Stock, Series GF1 | Mar 11, 2019 | P | 400 | $23.90 | A | 400 | D | |
| Common Stock, par value $.001 per shareF2 | holding | — | — | — | 70,114 | D | ||
| Common Stock, par value $.001 per shareF2 | holding | — | — | — | 40,240 | I | Partnership |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock EquivalentsF2 | $0.00 | holding | — | — | — | — | — | Common Stock | 44,313 | 44,313 | D |
Explanation of responses
- F1On March 11, 2019, the Reporting Person, Robert W. Holman, Jr., purchased 400 shares of Preferred Stock, Series G, of iStar Inc. (NYSE:STAR) in an open market transaction.
- F2The Reporting Person is also beneficial owner of 70,114 shares of iStar Common Stock, owned directly, 40,240 shares of iStar Common Stock, owned indirectly through a partnership, and 44,313 Common Stock Equivalents (CSEs) awarded pursuant to the iStar Non-Employee Directors Deferral Plan (Plan), all of which are vested, which are owned directly. 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: (1) 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 (2) 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.