SEC Form 4 · accession 0001144204-17-034391
NorthStar Real Estate Income Trust, Inc.
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jack Fleming Smith Jr.
Director
Period of report
Jun 23, 2017
Accepted (ET)
Jun 27, 2017 · 4:32 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001455650
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jun 23, 2017 | A | 5,040 | — | A | 32,096 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Pursuant to the NorthStar Real Estate Income Trust, Inc. (the "Company") Second Amended and Restated Independent Directors Compensation Plan (the "Plan"), each of the Company's independent and non-management directors receives a grant of $50,000 in shares of the Company's common stock (the "Restricted Stock") following re-election to the Company's Board of Directors. The Restricted Stock vests quarterly over a two year period with an initial vesting date of July 1, 2017. Pursuant to the Plan, the amount of Restricted Stock was determined by dividing the fixed grant value of $50,000 by the most recently disclosed per share net asset value of the Company's common stock, or $9.92.
Remarks
Exhibit 24.1 Power of Attorney.