4//SEC Filing
Tangen Darren J. 4
Accession 0000899243-18-009476
CIK 0001679688other
Filed
Apr 3, 8:00 PM ET
Accepted
Apr 4, 6:00 PM ET
Size
11.0 KB
Accession
0000899243-18-009476
Insider Transaction Report
Form 4
Tangen Darren J.
Exec. VP - CFO
Transactions
- Other
OP Units
2018-04-02−90,976→ 90,977 total(indirect: See footnote)→ Class A Common Stock (90,976 underlying) - Other
OP Units
2018-04-02$5.71/sh−90,977$519,479→ 0 total(indirect: See footnote)→ Class A Common Stock (90,977 underlying) - Other
Class A Common Stock
2018-04-02+90,976→ 814,170 total(indirect: By Trust)
Footnotes (5)
- [F1]Represents the redemption by limited liability companies controlled by Thomas J. Barrack, Jr. (the "Holdcos") of common membership units ("OP Units") in Colony Capital Operating Company, LLC ("CCOC") allocable to the reporting person for shares of the issuer's Class A Common Stock ("Class A Common Stock") pursuant to the terms of the OP Units described in Note 2 below. Pursuant to the operating agreements of the Holdcos, the shares of Class A Common Stock received in connection with the redemption were distributed by the Holdcos to the reporting person.
- [F2]Represents OP Units, which are redeemable at the election of the OP Unit holder for (1) cash equal to the market value of an equivalent number of shares of Class A Common Stock or (2) at the option of the issuer in its capacity as the managing member of CCOC, shares of Class A Common Stock on a one-for-one basis. The right to redeem OP Units does not have an expiration date.
- [F3]The OP Units were redeemed for shares of Class A Common Stock pursuant to the terms of the OP Units described in Note 2 above.
- [F4]The OP Units are allocated to the reporting person and held by the Holdcos.
- [F5]The OP Units were redeemed for cash pursuant to the terms of the OP Units described in Note 2 above.
Documents
Issuer
Colony NorthStar, Inc.
CIK 0001679688
Entity typeother
Related Parties
1- filerCIK 0001472235
Filing Metadata
- Form type
- 4
- Filed
- Apr 3, 8:00 PM ET
- Accepted
- Apr 4, 6:00 PM ET
- Size
- 11.0 KB