Jay Sugarman - Jun 2, 2022 Form 4 Insider Report for ISTAR INC. (SAFE)

Role
Chairman and CEO, Director
Signature
s/ Jay Sugarman
Stock symbol
SAFE
Transactions as of
Jun 2, 2022
Transactions value $
$0
Form type
4
Date filed
6/3/2022, 05:01 PM
Previous filing
Mar 2, 2022
Next filing
Dec 30, 2022

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 +455K +19.96% $0.00 2.73M Jun 2, 2022 Direct F1
transaction SAFE Common Stock, par value $.001 per share Tax liability $0 -246K -8.25% $0.00 2.73M Jun 2, 2022 Direct F1
holding SAFE Common Stock, par value $.001 per share 40.5K Jun 2, 2022 By Spouse F2
holding SAFE Common Stock, par value $.001 per share 152K Jun 2, 2022 By Family Trusts F2
holding SAFE Common Stock, par value $.001 per share 34.7K Jun 2, 2022 By Foundation F2
holding SAFE Preferred Stock, Series D 2K Jun 2, 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.