SEC Form 4 · accession 0001571049-15-000169
NorthStar Asset Management Group Inc. · NSAM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Albert Tylis
Officer — President
Period of report
Jan 7, 2015
Accepted (ET)
Jan 9, 2015 · 9:01 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001597503
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF2,F3 | Jan 7, 2015 | S | 210,704 | $21.2992 | D | 921,584 | D | |
| Common StockF4,F3 | Jan 8, 2015 | S | 145,306 | $21.4976 | D | 776,278 | D | |
| Common StockF5,F3 | Jan 9, 2015 | S | 65,122 | $21.2998 | D | 711,156 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The sale reported was effected pursuant to the 10b5-1 sales plan (the "10b5-1 Plan") previously adopted by the reporting person. No shares remain available for sale under the 10b5-1 Plan.
- F2Represents a weighted average price per share. These shares were sold in multiple transactions ranging from $21.110 to $21.430, inclusive. The reporting person undertakes to provide upon request by the staff of the U.S. Securities and Exchange Commission, NorthStar Asset Management Group Inc. (the "Company") or a security holder of the Company, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F3Excludes: (i) 284,351 deferred LTIP Units; (ii) 314,403 shares of common stock of the Company to be issued to the extent performance conditions are met on restricted stock units ("RSUs") previously issued by NorthStar Realty Finance Corp.; and (iii) awards issued pursuant to the Company's 2014 Omnibus Stock Incentive Plan consisting of an aggregate of 934,578 shares of the Company's performance common stock, which vest over four years and are subject to the achievement of various performance-based vesting conditions and continued employment, as further described in the Company's public filings. "Deferred LTIP Units" represent the right to receive an equal number of units of limited partnership interests ("LTIP Units") structured as profits interests in the Company's operating partnership, if any, or shares of the Company's common stock if such LTIP Units are not available.
- F4Represents a weighted average price per share. These shares were sold in multiple transactions ranging from $21.300 to $21.650, inclusive. The reporting person undertakes to provide upon request by the staff of the U.S. Securities and Exchange Commission, the Company, or a security holder of the Company, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F5Represents a weighted average price per share. These shares were sold in multiple transactions ranging from $20.955 to $21.630, inclusive. The reporting person undertakes to provide upon request by the staff of the U.S. Securities and Exchange Commission, the Company, or a security holder of the Company, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.