JAY SUGARMAN - 02 Jun 2022 Form 4 Insider Report for ISTAR INC. (SAFE)

Role
Chairman and CEO, Director
Signature
s/ Jay Sugarman
Issuer symbol
SAFE
Transactions as of
02 Jun 2022
Net transactions value
$0
Form type
4
Filing time
03 Jun 2022, 17:01:10 UTC
Previous filing
02 Mar 2022
Next filing
30 Dec 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SAFE Common Stock, par value $.001 per share Award $0 +454,522 +20% $0.000000 2,731,277 02 Jun 2022 Direct F1
transaction SAFE Common Stock, par value $.001 per share Tax liability $0 -245,580 -8.2% $0.000000 2,731,277 02 Jun 2022 Direct F1
holding SAFE Common Stock, par value $.001 per share 40,544 02 Jun 2022 By Spouse F2
holding SAFE Common Stock, par value $.001 per share 151,866 02 Jun 2022 By Family Trusts F2
holding SAFE Common Stock, par value $.001 per share 34,667 02 Jun 2022 By Foundation F2
holding SAFE Preferred Stock, Series D 2,000 02 Jun 2022 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Reporting Person has been issued 454,522 shares of Common Stock (Shares) of iStar Inc.(NYSE:STAR) in connection with a payout of amounts available for distribution pursuant to, and in accordance with, vested awards previously granted to the Reporting Person under the iStar Inc. 2013 Performance Incentive Plan. After deducting 245,580 Shares for applicable tax withholding, the Reporting Person received a net amount of 208,942 Shares.
F2 The Reporting Person disclaims beneficial ownership of these shares except to the extent of any pecuniary interest therein.