SEC Form 4 · accession 0000899243-17-017518
Safehold Inc. · SAFE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Dean S Adler
Director
Period of report
Jun 27, 2017
Accepted (ET)
Jun 29, 2017 · 4:00 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001688852
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $0.01 per shareF1,F2,F3 | Jun 27, 2017 | A | 10,000 | $0.00 | A | 10,000 | D | |
| Common Stock, par value $0.01 per shareF4,F2 | holding | — | — | — | 750,000 | I | See footnotes |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The shares are held of record by Mr. Dean S. Adler for the benefit of Lubert-Adler Real Estate Fund VII-B, L.P. ("L-A RE Fund VII-B"), of which Mr. Adler is the member of the ultimate general partner. The shares were fully vested on the grant date.
- F2Mr. Adler expressly disclaims beneficial ownership of the reported shares except to the extent of his pecuniary interest therein.
- F3Represents shares held of record for the benefit of L-A RE Fund VII-B.
- F4The shares are held of record by SFTY VII-B, LLC ("SFTY"). SFTY's sole member is L-A RE Fund VII-B. L-A RE Fund VII-B's general partner is Lubert-Adler Group VII-B, LLC ("L-A Group VII-B LLC"). L-A Group VII-B LLC's sole member is Lubert-Adler Group VII-B Holdings, L.P. ("L-A Holdings VII-B LP"). L-A Holdings VII-B LP's general partner is Lubert-Adler Group VII-B Holdings, LLC ("L-A Holdings VII-B LLC"). Mr. Adler and Ira M. Lubert are members of L-A Holdings VII-B LLC. As a result, each of Mr. Adler, Mr. Lubert, L-A Holdings VII-B LLC, L-A Holdings VII-B LP, L-A Group VII-B LLC and L-A RE Fund VII-B may be deemed to share beneficial ownership of the reported shares.