Home/Filings/4/0001179110-15-004832
4//SEC Filing

ISTAR FINANCIAL INC 4

Accession 0001179110-15-004832

$SAFECIK 0001095651operating

Filed

Mar 11, 8:00 PM ET

Accepted

Mar 12, 6:38 PM ET

Size

15.0 KB

Accession

0001179110-15-004832

Insider Transaction Report

Form 4
Period: 2014-12-10
DISTASO DAVID MICHAEL
CHIEF ACCOUNTING OFFICER
Transactions
  • Award

    Common Stock

    2014-12-31+27,37080,010 total
  • Tax Payment

    Common Stock

    2014-12-103,43880,010 total
  • Award

    Common Stock

    2015-01-30+15,52980,010 total
  • Tax Payment

    Common Stock

    2015-01-305,74180,010 total
  • Award

    Common Stock

    2014-12-10+6,66780,010 total
  • Tax Payment

    Common Stock

    2014-12-3114,11480,010 total
Holdings
  • Restricted Stock Units

    41,875
Footnotes (4)
  • [F1]Effective December 10, 2014, the Reporting Person, Mr. David DiStaso, acquired 6,667 shares of iStar common stock upon the vesting of Units pursuant to an award January 10, 2013, which award has been previously reported on Form 4. After deducting 3,438 shares for applicable tax withholding, the Reporting Person acquired a net amount of 3,229 shares of iStar common stock.
  • [F2]Effective December 31, 2014, the Reporting Person acquired 27,370 shares of iStar common stock upon the vesting of Units at 195.5% of the target amount of the original award, following achievement of performance and service conditions pursuant to an award dated February 1, 2013, which award was previously reported on Form 4. After deducting 14,114 shares for applicable tax withholding, the Reporting Person acquired a net amount of 13,256 shares of iStar common stock.
  • [F3]Effective January 30, 2015, the Reporting Person has been granted 15,529 shares of iStar common stock in connection with an annual incentive award. After deducting 5,741 shares for applicable tax withholding, the Reporting Person acquired a net amount of 9,788 shares in a transaction completed after payroll processing. The Shares are fully vested and are subject to transfer restrictions which provide that one-half of the Shares may not be sold for one year and one-half of the Shares may not be sold for two years from the date of the award.
  • [F4]Following these transactions, the Reporting Person is the direct beneficial owner of 80,010 shares of iStar common stock and also owns a total of 41,875 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.

Issuer

ISTAR FINANCIAL INC

CIK 0001095651

Entity typeoperating

Related Parties

1
  • filerCIK 0001095651

Filing Metadata

Form type
4
Filed
Mar 11, 8:00 PM ET
Accepted
Mar 12, 6:38 PM ET
Size
15.0 KB