Redington Neale 4
4 · Colony Capital, Inc. · Filed Aug 13, 2018
Insider Transaction Report
Form 4
Redington Neale
Chief Accounting Officer
Transactions
- Other
Class A Common Stock
2018-08-09+1,676→ 221,904 total - Other
OP Units
2018-08-09−1,676→ 1,678 total(indirect: See footnote)→ Class A Common Stock (1,676 underlying) - Other
OP Units
2018-08-09$6.09/sh−1,678$10,219→ 0 total(indirect: See footnote)→ Class A Common Stock (1,678 underlying) - Award
OP Units
2018-08-09+3,354→ 3,354 total(indirect: See footnote)→ Class A Common Stock (3,354 underlying)
Footnotes (6)
- [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 acquired in connection with contingent consideration paid in the issuer's predecessor's acquisition of substantially all of its former manager in April 2015, and were allocated to the reporting person.
- [F4]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.
- [F5]The OP Units are held by the Holdcos.
- [F6]The OP Units were redeemed for cash pursuant to the terms of the OP Units described in Note 2 above.