NYDICK JAY S 4
4 · ISTAR FINANCIAL INC · Filed Mar 4, 2009
Insider Transaction Report
Form 4
NYDICK JAY S
PRESIDENT
Transactions
- Tax Payment
Common stock, $.001 par value per share
2009-01-15+33,665→ 43,665 total
Footnotes (3)
- [F1]On January 15, 2009, iStar Financial Inc. issued 33,665 shares of iStar common stock to the reporting person, representing the net shares to be issued, after taxes and other withholdings, in connection with the vesting of installments of restricted stock units pursuant to awards dated March 2, 2006, January 19, 2007 and January 18, 2008.
- [F2]Following this transaction, the reporting person is the beneficial owner of a total of 43,665 shares of common stock and 11,000 shares of preferred stock of iStar Financial Inc., all of which are owned directly.
- [F3]In addition to the shares of iStar common stock owned by the reporting person as reported in this Form 4, the reporting person owns 1,118,986 restricted stock units that have not yet vested, representing the right to receive an equivalent number of shares of iStar common stock if and when the units vest pursuant to awards dated January 19, 2007, January 18, 2008 and October 9, 2008.