Jay Nydick - Dec 1, 2021 Form 4 Insider Report for Safehold Inc. (SAFE)

Role
Director
Signature
s/ Jay S Nydick
Stock symbol
SAFE
Transactions as of
Dec 1, 2021
Transactions value $
$0
Form type
4
Date filed
12/3/2021, 03:20 PM
Previous filing
May 7, 2021
Next filing
Jun 7, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SAFE Common Stock, $0.01 par value per share Award $0 +2.55K +7.17% $0.00 38K Dec 1, 2021 By Family Trust F1, F2
holding SAFE Common Stock, $0.01 par value per share 19K Dec 1, 2021 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 During the third quarter of 2018, the issuer Safehold Inc. (NYSE: SAFE) adopted an equity incentive plan providing for grants of interests ("CARET Units") in a subsidiary of the issuer, and the reporting person was granted 3,750 CARET Units under this plan. At the direction of the reporting person, the CARET Units were issued and delivered to an affiliated trust. Effective December 1, 2021, the trust exchanged 3,750 CARET Units held by the trust for 2,546 shares of SAFE common stock in a transaction exempt from Section 16(b) of the Securities Exchange Act of 1934 pursuant to Rule 16b-3 thereunder.
F2 The reporting person expressly disclaims beneficial ownership of the reported shares except to the extent of his pecuniary interest therein.