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.

Content

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.

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.