4//SEC Filing
RIDINGS BARRY W 4
Accession 0001179110-22-002990
CIK 0001095651other
Filed
May 11, 8:00 PM ET
Accepted
May 12, 4:41 PM ET
Size
9.7 KB
Accession
0001179110-22-002990
Insider Transaction Report
Form 4
ISTAR INC.STAR
RIDINGS BARRY W
Director
Transactions
- Award
Common Stock Equivalents
2022-03-01+40→ 7,494 totalExercise: $0.00→ Common Stock (40 underlying) - Award
Common Stock, par value $.001 per share
2022-05-12+6,956→ 111,751 total
Holdings
- 7,494
Common Stock Equivalents
Exercise: $0.00→ Common Stock (7,494 underlying)
Footnotes (3)
- [F1]Effective on May 12, 2022, the Reporting Person was awarded 6,956 shares of Common Stock of iStar Inc. (NYSE:STAR) in accordance with the provisions of the iStar Inc. Non-Employee Directors' Deferral Plan (Plan), which shares are owned directly. These shares are restricted and may not be sold or otherwise transferred until they vest on the date of the 2022 annual meeting of shareholders of iStar Inc.
- [F2]On March 1, 2022, the Reporting Person acquired 40 Common Stock Equivalents (CSEs) in accordance with the provisions of the Plan. Under the Plan, as dividends are declared and paid on iStar common stock, the Reporting Person's holdings of outstanding CSEs are credited with additional CSEs based on the amount of the dividend and the value of a share of iStar Common Stock on the dividend date.
- [F3]The Reporting Person holds a total of 7,494 CSEs awarded pursuant to the Plan, all of which are vested. 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. The "regular distribution date" for distributions to Plan 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 INC.
CIK 0001095651
Entity typeother
Related Parties
1- filerCIK 0001044258
Filing Metadata
- Form type
- 4
- Filed
- May 11, 8:00 PM ET
- Accepted
- May 12, 4:41 PM ET
- Size
- 9.7 KB