4//SEC Filing
PUSKAR GEORGE R 4
Accession 0001179110-11-009362
CIK 0001095651other
Filed
Jun 5, 8:00 PM ET
Accepted
Jun 6, 9:29 PM ET
Size
6.4 KB
Accession
0001179110-11-009362
Insider Transaction Report
Form 4
PUSKAR GEORGE R
Director
Transactions
- Award
Common Stock Equivalents
2011-06-01+8,115→ 43,591 totalExercise: $0.00→ Common Stock (8,115 underlying)
Footnotes (2)
- [F1]The Reporting Person has been awarded 8,115 Common Stock Equivalents ("CSEs") in accordance with the provisions of the iStar Financial Inc. Non-Employee Directors' Deferral Plan ("Plan"). The effective date of the CSE award is June 1, 2011, the date of the 2011 annual meeting of shareholders. These CSEs will vest on the date of the 2012 annual meeting of shareholders, subject to the provisions of the Plan. Following this award, the Reporting Person holds a total of 43,591 CSEs awarded under the Plan, 35,476 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, 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.
Documents
Issuer
ISTAR FINANCIAL INC
CIK 0001095651
Entity typeother
Related Parties
1- filerCIK 0001222803
Filing Metadata
- Form type
- 4
- Filed
- Jun 5, 8:00 PM ET
- Accepted
- Jun 6, 9:29 PM ET
- Size
- 6.4 KB