SEC Form 4 · accession 0001571049-16-013555
NorthStar Realty Europe Corp. · NRE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Albert Tylis
Director
Period of report
Mar 31, 2016
Accepted (ET)
Apr 1, 2016 · 8:00 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001646587
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Mar 31, 2016 | P | 40,000 | $11.5513 | A | 411,216 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents a weighted average price per share. These shares were purchased in multiple transactions ranging from $11.26 to $11.66, inclusive. The reporting person undertakes to provide upon request by the staff of the U.S. Securities and Exchange Commission, NorthStar Realty Europe Corp. ("NRE") or a security holder of NRE, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
- F2Excludes 92,331 Common Units subject to time-based vesting. "Common Units" are units of limited partnership interest in NorthStar Realty Europe Limited Partnership, NRE's operating partnership. Subject to minimum holding periods, each Common Unit may be redeemed for cash equal to the then fair market value of one share of common stock or, at the option of NRE, one share of NRE's common stock.