Smith Jack Fleming Jr. 4
4 · NorthStar Healthcare Income, Inc. · Filed Jun 23, 2020
Insider Transaction Report
Form 4
Smith Jack Fleming Jr.
Director
Transactions
- Award
Common Stock
2020-06-19+9,600→ 50,260 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 $60,000 in shares of the Company's common stock (the "Restricted Stock") following re-election to the Company's Board of Directors. The Restricted Stock vests quarterly over a two year period with an initial vesting date of July 1, 2020. Pursuant to the Plan, the amount of Restricted Stock was determined by dividing the fixed grant value of $60,000 by the most recently disclosed net asset value of the Company's common stock, or $6.25.