Jay Nydick - Mar 31, 2023 Form 3/A Insider Report for Safehold Inc. (SAFE)

Role
Director
Signature
Austin Lee, as Attorney-in-Fact for Jay Nydick
Stock symbol
SAFE
Transactions as of
Mar 31, 2023
Transactions value $
$0
Form type
3/A
Date filed
4/2/2024, 05:04 PM
Date Of Original Report
Apr 4, 2023
Previous filing
Jun 7, 2022
Next filing
Jun 22, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding SAFE Common Stock 27.9K Mar 31, 2023 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On March 31, 2023, the merger (the "Merger") of Safehold Inc. ("Old Safe") with and into iStar Inc. ("iStar") closed, with iStar Inc. surviving the Merger and changing its name to Safehold Inc. ("New SAFE"; NYSE: SAFE). In the Merger and related transactions, (1) each outstanding share of common stock of Old Safe was converted into one share of common stock of New SAFE, and (2) each outstanding share of common stock of iStar was reverse split and converted into 0.160 of a share of common stock of New SAFE. The amount of securities beneficially owned represents the shares of New SAFE common stock owned on March 31, 2023, the Merger closing date.
F2 Pursuant to the Merger, the Reporting Person became a director of New Safe, each outstanding share of common stock of Old Safe owned by the Reporting Person was converted into one share of common stock of New SAFE, and each outstanding share of common stock of iStar owned by the Reporting Person was reverse split and converted into 0.160 of a share of common stock of New SAFE.
F3 This Form 3A amends a Form 3 filed on April 4, 2023 that incorrectly reported the number of shares directly owned by the Reporting Person due to not reflecting 765 Old Safe shares received as a dividend on December 7, 2022 that converted into 765 New SAFE shares in connection with the Merger.