Jay Sugarman - 31 Mar 2023 Form 4 Insider Report for Star Holdings (STHO)

Reporting relationship: PRESIDENT
Issuer ticker: STHO
Reported as of: 31 Mar 2023
Net transaction value: $0
SEC form: 4
Accepted by SEC: 17 Apr 2023, 14:48:40 UTC
Prior SEC filing: 22 Mar 2023
Next SEC filing: 03 May 2023
Source filing: View source filing
Reporting owner signature: /s/ Jay Sugarman

Key filing fact

Jay Sugarman filed Form 4 for Star Holdings (STHO) on 17 Apr 2023.

Key facts

This page summarizes Jay Sugarman's Form 4 filing for Star Holdings (STHO).
4 reported transactions and 0 derivative rows are listed below.
Accepted by SEC: 17 Apr 2023, 14:48.

Change

Previous filing in this sequence was filed on 22 Mar 2023.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

STHO transaction

Common Shares of Beneficial Interest

Other

Transaction value: $0
Shares: +364,291
Change %
Price: $0.000000
Shares after: 364,291
Date: 31 Mar 2023
Ownership: Direct
Footnotes: F1, F2

STHO transaction

Common Shares of Beneficial Interest

Other

Transaction value: $0
Shares: +23,235
Change %
Price: $0.000000
Shares after: 23,235
Date: 31 Mar 2023
Ownership: By Family Trusts
Footnotes: F1, F2, F3

STHO transaction

Common Shares of Beneficial Interest

Other

Transaction value: $0
Shares: +64,017
Change %
Price: $0.000000
Shares after: 64,017
Date: 31 Mar 2023
Ownership: By Foundation
Footnotes: F1, F2, F3

STHO transaction

Common Shares of Beneficial Interest

Other

Transaction value: $0
Shares: +6,203
Change %
Price: $0.000000
Shares after: 6,203
Date: 31 Mar 2023
Ownership: By Spouse
Footnotes: F1, F2, F3

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

On March 31, 2023, pursuant to an Agreement and Plan of Merger, dated August 10, 2022 (the "Merger Agreement"), iStar Inc. ("iStar") and Safehold Inc. ("SAFE)" completed the merger of SAFE with and into iStar ("Merger") with iStar surviving the Merger and changing its name to Safehold Inc. ("New SAFE"; NYSE: SAFE).

Footnote F2

Prior to the effective date of the Merger and in connection with the Merger, iStar separated its remaining legacy non-ground lease assets and businesses and certain other assets into a separate public company ("Star Holdings") by distributing to iStar's stockholders the issued and outstanding equity interests of Star Holdings (the "Spin-Off"), at a ratio of 0.153 Star Holdings common shares of beneficial interest for each iStar share of common stock. The Reporting Person acquired Star Holdings common shares of beneficial interest in the Spin-Off.

Footnote F3

The Reporting Person expressly disclaims beneficial ownership of these shares except to the extent of any pecuniary interest therein.