Robin Josephs - Jul 15, 2024 Form 4 Insider Report for Safehold Inc. (SAFE)

Role
Director
Signature
/s/ Austin Lee, as Attorney-in-Fact for Robin Josephs
Stock symbol
SAFE
Transactions as of
Jul 15, 2024
Transactions value $
$0
Form type
4
Date filed
7/16/2024, 09:30 PM
Previous filing
Jun 6, 2024
Next filing
Aug 21, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SAFE Common Stock Award $0 +238 +0.62% $0.00 38.8K Jul 15, 2024 Direct F1, F2
holding SAFE Common Stock 3.11K Jul 15, 2024 By IRA
holding SAFE Common Stock 104K Jul 15, 2024 By Family Trusts
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On July 15, 2024, the Reporting Person acquired 238 Common Stock Equivalents (CSEs) in accordance with the provisions of the Non-Employee Directors' Deferral Plan (Plan). Under the Plan, as dividends are declared and paid on Safehold Inc. common stock, the Reporting Person's holdings of outstanding CSEs are credited with additional CSEs based on the amount of the dividend and the value of a share of Safehold Inc. Common Stock on the dividend date.
F2 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). Column 5 includes 10,068 CSEs received in connection with iStar's reverse split which were previously inadvertently omitted from Reporting Person's direct total ownership. Each CSE is convertible on a one-for-one basis into shares of common stock.