SEC Form 4 · accession 0001571049-15-001644
NorthStar Asset Management Group Inc. · NSAM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Debra Ann Hess
Officer — Chief Financial Officer
Period of report
Mar 2, 2015
Accepted (ET)
Mar 4, 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 | Mar 2, 2015 | S | 14,000 | $24.0856 | D | 251,715 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The sales reported were effected pursuant to a 10b5-1 sales plan (the "10b5-1 Plan") previously adopted by the reporting person on December 30, 2014.
- F2Represents a weighted average price per share. These shares were sold in multiple transactions ranging from $24.0001 to $24.15, 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.
- F3Excludes: (i) 99,163 Deferred LTIP Units; (ii) 69,867 shares of common stock (or LTIP Units, to the extent available) of NorthStar Asset Management Group Inc. (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 313,785 shares of 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.