4//SEC Filing
NorthStar Realty Europe Corp. 4
Accession 0001571049-16-012834
CIK 0001646587operating
Filed
Mar 8, 7:00 PM ET
Accepted
Mar 9, 4:58 PM ET
Size
8.1 KB
Accession
0001571049-16-012834
Insider Transaction Report
Form 4
Ross Trevor Kincaid
General Counsel and Secretary
Transactions
- Award
Common Stock
2016-03-07+21,505→ 32,375 total - Award
Restricted Stock Units
2016-03-07+16,129→ 16,129 total→ Common Stock (16,129 underlying)
Footnotes (4)
- [F1]As previously disclosed by NorthStar Realty Europe Corp. ("NRE"), these awards were granted in connection with the spin-off of NRE from NorthStar Realty Finance Corp. on October 31, 2015.
- [F2]Excludes 1,773 Common Units subject to time-based vesting. "Common Units" are units of limited partnership interest in NorthStar Realty Europe Limited Partnership, NRE's operating partnership. Subject to minimum holding periods, each Common Unit may be redeemed for cash equal to the then fair market value of one share of common stock or, at the option of NRE, one share of NRE's common stock.
- [F3]Each restricted stock unit represents a contingent right to receive one share of common stock of NRE.
- [F4]The restricted stock units will vest in full if the total stockholder return from the grant date through December 31, 2019 equals or exceeds 15% per year, compounded annually, and vest in part if the total stockholder return during this period is equal to 8% per year, compounded annual, or greater. If earned, each restricted stock unit will be settled in shares of common stock of NRE. These restricted stock units will expire and cease to exist following settlement.
Documents
Issuer
NorthStar Realty Europe Corp.
CIK 0001646587
Entity typeoperating
Related Parties
1- filerCIK 0001646587
Filing Metadata
- Form type
- 4
- Filed
- Mar 8, 7:00 PM ET
- Accepted
- Mar 9, 4:58 PM ET
- Size
- 8.1 KB