Ross Trevor Kincaid 4
4 · NorthStar Realty Europe Corp. · Filed Mar 19, 2018
Insider Transaction Report
Form 4
Ross Trevor Kincaid
General Counsel and Secretary
Transactions
- Award
Restricted Stock Units
2018-03-15+3,391→ 3,391 total→ Common Stock (6,782 underlying) - Award
Common Stock
2018-03-15+10,172→ 38,156 total
Footnotes (3)
- [F1]Each restricted stock unit represents a contingent right to receive up to two shares of common stock of NorthStar Realty Europe Corp. ("NRE").
- [F2]Represents a target number of restricted stock units that may vest based on the achievement of NRE total shareholder return ("TSR") from the grant date through February 28, 2021.
- [F3]Subject to continued service, the restricted stock units will vest (i) at 25% of the target if the TSR from the grant date through February 28, 2021 equals 8% per year, compounded annually, or greater, (ii) at 100% of the target if the TSR during this period equals or exceeds 15% per year, compounded annually, or greater, and (iii) at 200% of the target if the TSR during this period is equal to 20% per year, compounded annually, or greater, with the amount vesting for performance between such hurdles based on linear interpolation. If earned, each restricted stock unit will be settled in shares of common stock of NRE. These restricted stock units will expire and cease to exist following settlement.