4//SEC Filing
NorthStar Asset Management Group Inc. 4
Accession 0001571049-17-000129
CIK 0001597503operating
Filed
Jan 3, 7:00 PM ET
Accepted
Jan 4, 7:10 PM ET
Size
13.5 KB
Accession
0001571049-17-000129
Insider Transaction Report
Form 4
Gilbert Daniel R
Chief Inv. and Op. Officer
Transactions
- Exercise/Conversion
Performance Restricted Stock Units
2017-01-04−65,266→ 0 total→ Common Stock (130,532 underlying) - Exercise/Conversion
Common Stock
2017-01-04+130,532→ 1,313,638 total - Tax Payment
Common Stock
2017-01-04$15.86/sh−86,393$1,370,193→ 1,375,232 total - Tax Payment
Common Stock
2016-12-31$14.92/sh−162,508$2,424,619→ 1,183,106 total - Award
Common Stock
2017-01-04+147,987→ 1,461,625 total
Footnotes (5)
- [F1]Represents shares of Common Stock retained by NorthStar Asset Management Group Inc. ("NSAM") in order to satisfy its tax withholding obligations arising from the vesting of shares of Common Stock previously granted and held by the reporting person.
- [F2]As previously disclosed in filings with the Securities and Exchange Commission, represents performance restricted stock units ("RSUs") granted as long-term performance based incentive compensation pursuant to NorthStar Realty Finance Corp.'s Executive Incentive Bonus Plan for 2013. As a result of the spin-offs of NSAM and NorthStar Realty Europe Corp. ("NRE") from NorthStar Realty Finance Corp. ("NRF") and as a result of the 1-for-2 reverse stock split of NRF that occurred on November 1, 2015, each RSU was adjusted to relate to one share of NRF common stock, two shares of NSAM common stock and one-third of a share of NRE common stock. The RSUs vested in full based on the achievement of the maximum performance hurdle initially established for the RSUs, which was total stockholder return in excess of 12% per year, compounded annually, for the period from January 1, 2013 through December 31, 2016.
- [F3]On January 4, 2017, 130,532 shares of Common Stock were issued in settlement of the RSUs described in footnote (2) above.
- [F4]Represents shares of Common Stock retained by NSAM in order to satisfy its tax withholding obligations arising from the issuance of shares of Common Stock to the reporting person in settlement of the RSUs described in footnote (2) above and relating to shares of Common Stock granted to the reporting person in connection with long-term bonus for 2016.
- [F5]Reflects 1-for-2 reverse stock split of NRF that occurred on November 1, 2015.
Documents
Issuer
NorthStar Asset Management Group Inc.
CIK 0001597503
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001597503
Filing Metadata
- Form type
- 4
- Filed
- Jan 3, 7:00 PM ET
- Accepted
- Jan 4, 7:10 PM ET
- Size
- 13.5 KB