Smith Thomas Andrew 4
4 · NorthStar Healthcare Income, Inc. · Filed Dec 6, 2019
Insider Transaction Report
Form 4
Smith Thomas Andrew
Director
Transactions
- Award
Common Stock
2019-12-06+9,155→ 9,155 total
Footnotes (1)
- [F1]Pursuant to the NorthStar Healthcare Income, Inc. (the "Company") Third Amended and Restated Independent Directors Compensation Plan (the "Plan"), each of the Company's independent directors receives a grant of $65,000 in shares of the Company's common stock (the "Restricted Stock") following his initial election or appointment to the Company's Board of Directors. The Restricted Stock vests quarterly over a two year period with an initial vesting date of January 1, 2020. Pursuant to the Plan, the amount of Restricted Stock was determined by dividing the fixed grant value of $65,000 by the most recently disclosed net asset value of the Company's common stock, or $7.10.