SEC Form 4 · accession 0001144204-17-034393
NorthStar Healthcare Income, Inc. · [NONE]
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Daniel Joseph Altobello
Director
Period of report
Jun 23, 2017
Accepted (ET)
Jun 27, 2017 · 4:33 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001503707
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 | 6,593 | — | A | 25,150 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Pursuant to the NorthStar Healthcare Income, Inc. (the "Company") Second Amended and Restated Independent Directors Compensation Plan (the "Plan"), each of the Company's independent directors receives a grant of $60,000 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 $60,000 by the most recently disclosed net asset value of the Company's common stock, or $9.10.
Remarks
See Exhibit 24 - Power of Attorney