SEC Form 4 · accession 0001571049-16-012604
NORTHSTAR REALTY FINANCE CORP. · NRF
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gregory Z Rush
Director
Period of report
Mar 1, 2016
Accepted (ET)
Mar 3, 2016 · 5:21 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001273801
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF2,F1 | — | Mar 1, 2016 | A | 10,955 | A | — | — | Common Stock | 10,955 | 10,955 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of common stock of NorthStar Realty Finance Corp. or cash equal to the fair market value of such share of Common Stock.
- F2These restricted stock units were granted pursuant to the Company's Second Amended and Restated 2004 Omnibus Stock Incentive Plan, and are scheduled to vest in three equal installments on each of March 1, 2017, 2018 and 2019, respectively. The amount of restricted stock units was determined by dividing the fixed grant value of $140,000 by the closing price of the Company's common stock on the New York Stock Exchange on the grant date.