SEC Form 4 · accession 0001179110-16-022163
NorthStar Real Estate Income II, Inc.
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Chris S Westfahl
Director
Period of report
Mar 23, 2016
Accepted (ET)
Mar 24, 2016 · 4:49 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001564657
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A common stock | Mar 23, 2016 | A | 4,918 | $0.00 | A | 4,918 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Pursuant to the NorthStar Real Estate Income II, Inc. (the "Company") Second Amended and Restated Independent Directors Compensation Plan (the "Plan"), each of the Company's independent directors receives a grant of $50,000 in shares of the Company's Class A common stock (the "Restricted Stock") following the director's initial election to the Company's Board of Directors. The Restricted Stock vests quarterly over a two year period with an initial vesting date of April 1, 2016. Pursuant to the Plan, the amount of Restricted Stock was determined by dividing the fixed grant value of $50,000 by the most recent public offering price per share of the Company's Class A common stock, or $10.1672.