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4//SEC Filing

WEBER JEFFREY A 4

Accession 0001179110-10-009441

CIK 0001095651other

Filed

May 26, 8:00 PM ET

Accepted

May 27, 4:50 PM ET

Size

6.8 KB

Accession

0001179110-10-009441

Insider Transaction Report

Form 4
Period: 2010-05-26
Transactions
  • Award

    Common Stock Equivalents

    2010-05-26+10,96335,476 total
    Exercise: $0.00Common Stock (10,963 underlying)
Footnotes (2)
  • [F1]The Reporting Person has been awarded 10,963 Common Stock Equivalents ("CSEs") under the iStar Financial Inc. Non-Employee Directors' Deferral Plan ("Plan"). These CSEs will vest on the date of the 2011 annual meeting of shareholders, subject to the provisions of the Plan. Following this award, the Reporting Person holds a total of 35,476 CSEs, 24,513 of which are currently vested.
  • [F2]Under the Plan, on the relevant distribution date, vested CSEs will be settled by the transfer of shares of iStar common stock to the participant, unless the participant elects to receive some or all of a distribution of his or her CSEs in cash, based upon the fair market value of iStar common stock on the date of the distribution. The "regular distribution date" for distributions to participants is the earlier of: (1) January 1 on or next following the earlier of (i) the date the participant ceases to be a non-employee director; and (ii) the date of the participant's death; and (2) a change of control (as defined in the Plan). A participant, under certain limited circumstances, is permitted to elect to receive distributions at times other than the regular distribution date

Issuer

ISTAR FINANCIAL INC

CIK 0001095651

Entity typeother

Related Parties

1
  • filerCIK 0001260812

Filing Metadata

Form type
4
Filed
May 26, 8:00 PM ET
Accepted
May 27, 4:50 PM ET
Size
6.8 KB