Dean S. Adler - Aug 26, 2021 Form 4 Insider Report for Safehold Inc. (SAFE)

Role
Director
Signature
/s/ Mark Kripke, as attorney-in-fact for Dean S. Adler
Stock symbol
SAFE
Transactions as of
Aug 26, 2021
Transactions value $
-$4,436,482
Form type
4
Date filed
8/30/2021, 05:46 PM
Previous filing
Aug 25, 2021
Next filing
Sep 2, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SAFE Common Stock, par value $0.01 per share Sale -$875K -10K -5.87% $87.53 160K Aug 26, 2021 See footnotes F1, F2, F3
transaction SAFE Common Stock, par value $0.01 per share Sale -$2.23M -25K -15.6% $89.02 135K Aug 27, 2021 See footnotes F2, F3, F4
transaction SAFE Common Stock, par value $0.01 per share Sale -$1.34M -15K -11.09% $89.05 120K Aug 30, 2021 See footnotes F2, F3, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $87.01 to $88.15 per share. The reporting person undertakes to provide to Safehold Inc., any security holder of Safehold Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein.
F2 The shares are held of record by SFTY. SFTY's sole member is Lubert-Adler Real Estate Fund VII-B, L.P. ("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 is one of two members of L-A Holdings VII-B LLC. As a result, Mr. Adler may be deemed to share beneficial ownership of the reported shares.
F3 Mr. Adler expressly disclaims beneficial ownership of the reported shares except to the extent of his pecuniary interest therein.
F4 The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $87.17 to $89.56 per share. The reporting person undertakes to provide to Safehold Inc., any security holder of Safehold Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein.
F5 The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $88.36 to $89.31 per share. The reporting person undertakes to provide to Safehold Inc., any security holder of Safehold Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein.