Home/Filings/4/0001179110-10-003220
4//SEC Filing

BURNS JAMES D 4

Accession 0001179110-10-003220

CIK 0001095651other

Filed

Feb 21, 7:00 PM ET

Accepted

Feb 22, 9:21 AM ET

Size

6.3 KB

Accession

0001179110-10-003220

Insider Transaction Report

Form 4
Period: 2010-02-17
BURNS JAMES D
Chief Financial Officer
Transactions
  • Purchase

    Restricted Stock Units

    2010-02-17+89,194242,663 total
Footnotes (3)
  • [F1]On February 17, 2010, the Compensation Committee of iStar Financial Inc.'s Board of Directors approved an incentive award to the Reporting Person in the amount of 89,194 Restricted Stock Units (Units). The Units represent the right to receive an equivalent number of shares of iStar common stock (net of shares deducted for applicable taxes and other withholdings) if and when the Units vest. These Units will cliff vest on February 17, 2012 if vesting conditions, including the Reporting Person's continued employment, are satisified.
  • [F2]Following this award, the Reporting Person owns a total of 242,663 Restricted Stock Units, representing the right to receive an equivalent number of shares of iStar common stock (net of shares deducted for applicable taxes and other withholdings) if and when the Units vest in accordance with the terms of the agreements for the Units.
  • [F3]In addition to these Restricted Stock Units, the Reporting Person is the beneficial owner of a total of 8,502 shares of iStar common stock, 7,247 shares of which are owned directly (including 1,067 shares acquired in January 2010 upon vesting of Units) and 1,255 shares of which are owned indirectly through an individual retirement account.

Issuer

ISTAR FINANCIAL INC

CIK 0001095651

Entity typeother

Related Parties

1
  • filerCIK 0001458997

Filing Metadata

Form type
4
Filed
Feb 21, 7:00 PM ET
Accepted
Feb 22, 9:21 AM ET
Size
6.3 KB