4//SEC Filing
ISTAR INC. 4
Accession 0001179110-16-025326
$SAFECIK 0001095651operating
Filed
May 22, 8:00 PM ET
Accepted
May 23, 4:21 PM ET
Size
8.5 KB
Accession
0001179110-16-025326
Insider Transaction Report
Form 4
ISTAR INC.STAR
MCDONALD JOHN G
Director
Transactions
- Award
Common Stock Equivalents
2016-05-18+12,953→ 91,447 totalExercise: $0.00→ Common Stock (12,953 underlying)
Holdings
- 12,000(indirect: By Trust)
Common Stock, par value $.001 per share
- 28,000(indirect: By IRA)
Common Stock, par value $.001 per share
Footnotes (3)
- [F1]On May 18, 2016, the Reporting Person, John G. McDonald, was awarded 12,953 Common Stock Equivalents (CSEs) in accordance with the provisions of the iStar Inc. Non-Employee Directors' Deferral Plan (Plan), which are owned directly. These CSEs will vest on December 31, 2016, subject to the provisions of the Plan. Following this award, the Reporting Person holds a total of 91,447 CSEs awarded under the Plan, all of which are held directly and 78,529 of which are currently vested.
- [F2]Under the Plan, on the regular 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.
- [F3]The Reporting Person is also the beneficial owner of 40,000 shares of iStar Common Stock, of which 12,000 shares are owned indirectly through a family trust and 28,000 shares are owned indirectly through an IRA established by the Reporting Person.
Documents
Issuer
ISTAR INC.
CIK 0001095651
Entity typeoperating
Related Parties
1- filerCIK 0001095651
Filing Metadata
- Form type
- 4
- Filed
- May 22, 8:00 PM ET
- Accepted
- May 23, 4:21 PM ET
- Size
- 8.5 KB