Filing Details

Accession Number:
0001179110-13-011587
Form Type:
4
Zero Holdings:
No
Publication Time:
2013-07-05 17:32:13
Reporting Period:
2013-07-03
Filing Date:
2013-07-05
Accepted Time:
2013-07-05 17:32:13
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1095651 Istar Financial Inc SFI Real Estate Investment Trusts (6798) 956881527
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1220479 Jay Sugarman 1114 Avenue Of The Americas, 39Th Floor
New York NY 10036
Chairman And Ceo Yes Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2013-07-03 26,749 $11.24 2,703,012 No 4 S Direct
Common Stock Disposition 2013-07-05 26,749 $11.04 2,703,012 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
No 4 S Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 44,544 Indirect By spouse
Preferred Stock, Series D 2,000 Direct
Restricted Stock Units 1,671,534 Direct
Footnotes
  1. On July 3 and July 5, 2013, a total of 53,498 shares of iStar common stock (26,749 shares on July 3 and 26,748 shares on July 5) were sold on behalf of the Reporting Person, Mr. Jay Sugarman, at the sales prices set forth in this Form 4 in open market transactions pursuant to a Rule 10b5-1 sales plan adopted by the Reporting Person on March 22, 2013. Following the transactions reported in this Form 4, the Reporting Person is the direct beneficial owner of 2,703,012 shares of iStar common stock and the indirect beneficial owner of 44,544 shares of iStar common stock owned by his spouse.
  2. The Reporting Person is also the direct beneficial owner of 2,000 shares of iStar Series D preferred stock and 1,671,534 restricted stock units representing the right to receive an equivalent number of shares of iStar common stock (net of shares deducted for statutory minimum required tax withholdings) if and when the units vest.