NorthStar Real Estate Income II, Inc. 4
4 · NorthStar Real Estate Income II, Inc. · Filed Jun 27, 2017
Insider Transaction Report
Form 4
Westfahl Chris S
Director
Transactions
- Award
Class A Common Stock
2017-06-23+5,400→ 13,760 total
Footnotes (1)
- [F1]Pursuant to the NorthStar Real Estate Income II, Inc. (the "Company") Third Amended and Restated Independent Directors Compensation Plan (the "Plan"), each of the Company's independent and non-management directors receives a grant of $50,000 in shares of the Company's Class A 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, 2017. Pursuant to the Plan, the amount of Restricted Stock was determined by dividing the fixed grant value of $50,000 by the most recently disclosed per share net asset value of the Company's common stock, or $9.26.