SEC Form 4 · accession 0001179110-15-010502
NorthStar Healthcare Income, Inc. · [NONE]
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jack Fleming Smith Jr.
Director
Period of report
Jun 26, 2015
Accepted (ET)
Jun 30, 2015 · 4:46 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 26, 2015 | A | 3,922 | — | A | 13,922 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Pursuant to the NorthStar Healthcare Income, Inc. (the "Company") Amended and Restated Independent Directors Compensation Plan (the "Plan"), each of the Company's independent directors receives a grant of $40,000 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, 2015. Pursuant to the Plan, the amount of Restricted Stock was determined by dividing the fixed grant value of $40,000 by the most recent public offering per share price of the Company's common stock, or $10.20.