4//SEC Filing
NORTHSTAR REALTY FINANCE CORP. 4
Accession 0001571049-17-000147
CIK 0001273801operating
Filed
Jan 3, 7:00 PM ET
Accepted
Jan 4, 7:25 PM ET
Size
13.6 KB
Accession
0001571049-17-000147
Insider Transaction Report
Form 4
Lieberman Ronald J.
EVP & General Counsel
Transactions
- Tax Payment
Common Stock
2016-12-31$15.15/sh−4,800$72,720→ 53,383 total - Exercise/Conversion
Common Stock
2017-01-04+7,251→ 60,634 total - Award
Common Stock
2017-01-04+19,030→ 79,664 total - Exercise/Conversion
Performance Restricted Stock Units
2017-01-04−7,251→ 0 total→ Common Stock (7,251 underlying) - Tax Payment
Common Stock
2017-01-04$16.20/sh−6,702$108,572→ 72,962 total
Footnotes (5)
- [F1]Represents shares of Common Stock retained by NorthStar Realty Finance Corp. ("NRF") 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 NorthStar Asset Management Group Inc. ("NSAM") and NorthStar Realty Europe Corp. ("NRE") from 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, 7,251 shares of Common Stock were issued in settlement of the RSUs described in footnote (2) above.
- [F4]Represents shares of Common Stock retained by NRF 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 REALTY FINANCE CORP.
CIK 0001273801
Entity typeoperating
IncorporatedMD
Related Parties
1- filerCIK 0001273801
Filing Metadata
- Form type
- 4
- Filed
- Jan 3, 7:00 PM ET
- Accepted
- Jan 4, 7:25 PM ET
- Size
- 13.6 KB