4//SEC Filing
SALTZMAN RICHARD B 4
Accession 0001144204-19-023648
CIK 0001646587other
Filed
May 2, 8:00 PM ET
Accepted
May 3, 4:22 PM ET
Size
8.2 KB
Accession
0001144204-19-023648
Insider Transaction Report
Form 4
SALTZMAN RICHARD B
Director
Transactions
- Award
Common Stock
2019-05-02+13,257→ 13,257 total - Award
Restricted Stock Units
2019-05-02+4,419→ 4,419 total→ Common Stock (8,838 underlying)
Footnotes (4)
- [F1]Represents the reinstatement of an award that was previously forfeited in connection with the termination of the reporting person's employment with the parent company of CNI NRE Advisors, LLC, the asset manager of NorthStar Realty Europe Corp. ("NRE").
- [F2]Each restricted stock unit represents a contingent right to receive up to two shares of common stock of NRE.
- [F3]Represents a target number of restricted stock units that may vest based on the achievement of NRE total shareholder return ("TSR") from March 1, 2018 through February 28, 2021.
- [F4]Subject to continued service, the restricted stock units will vest (i) at 25% of the target if the TSR from March 1, 2018 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.
Documents
Issuer
NorthStar Realty Europe Corp.
CIK 0001646587
Entity typeother
Related Parties
1- filerCIK 0001256831
Filing Metadata
- Form type
- 4
- Filed
- May 2, 8:00 PM ET
- Accepted
- May 3, 4:22 PM ET
- Size
- 8.2 KB