SEC Form 4 · accession 0000899243-18-002539
Colony Credit Real Estate, Inc. · CLNC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Vernon B Schwartz
Director
Period of report
Jan 31, 2018
Accepted (ET)
Feb 1, 2018 · 7:10 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001717547
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common StockF1,F2 | Jan 31, 2018 | A | 6,213 | — | A | 6,213 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Pursuant to the terms of that certain Master Combination Agreement, dated as of August 25, 2017, as amended and restated on November 20, 2017 (the "Combination Agreement"), by and among (i) Colony Capital Operating Company, LLC, (ii) NRF RED REIT Corp., (iii) NorthStar Real Estate Income Trust, Inc.("NorthStar I"), (iv) NorthStar Real Estate Income Trust Operating Partnership, LP, (v) NorthStar Real Estate Income II, Inc., (vi) NorthStar Real Estate Income Operating Partnership II, LP, (vii) Colony NorthStar Credit Real Estate, Inc. (the "Issuer") and (viii) Credit RE Operating Company, LLC, at the effective time of the merger of NorthStar I into the Issuer (the "Merger"), each outstanding share of NorthStar I common stock was converted into the right to receive 0.3532 shares of the Issuer's class A common stock and cash in lieu fractional shares, subject to immaterial adjustments due to rounding.
- F2Received in exchange for 17,591 shares of NorthStar I common stock in connection with the Merger. On February 1, 2018, the closing price of the Issuer's class A common stock was $20.40 per share.