Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | SAFE | Common Stock | Award | $0 | +10K | +11.1% | $0.00 | 100K | Mar 31, 2023 | By Family Trusts | F1, F2, F3 |
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 following the reported transactions represents the shares of New SAFE common stock owned on March 31, 2023, the Merger closing date. |
F2 | The Reporting Person was the holder of 10,000 Old Safe restricted stock units granted on May 9, 2019 for her services as a Director of Old Safe. In connection with the Merger, the 10,000 Old Safe restricted stock units converted into New Safe restricted stock units. The units will settle in a trust in five equal annual installments commencing on July 1, 2027 and continuing through July 1, 2031. The units are fully-vested as of the grant date. |
F3 | This Form 4A amends a Form 4 filed on April 4, 2023 that incorrectly excluded this transaction. |