Filing Details
- Accession Number:
- 0001209191-14-055037
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2014-08-29 16:05:14
- Reporting Period:
- 2014-08-27
- Filing Date:
- 2014-08-29
- Accepted Time:
- 2014-08-29 16:05:14
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1175483 | Newcastle Investment Corp | NCT | Real Estate Investment Trusts (6798) | 810559116 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1245522 | M Kenneth Riis | 1345 Avenue Of The Americas, 46Th Floor New York NY 10105 | Ceo And President | 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, Par Value $0.01 Per Share | Acquisiton | 2014-08-27 | 100,000 | $4.53 | 191,666 | No | 4 | M | Direct | |
| Common Stock, Par Value $0.01 Per Share | Acquisiton | 2014-08-27 | 150,000 | $2.58 | 341,666 | No | 4 | M | Direct | |
| Common Stock, Par Value $0.01 Per Share | Disposition | 2014-08-27 | 62,223 | $13.50 | 279,443 | No | 4 | F | Direct | |
| Common Stock, Par Value $0.01 Per Share | Disposition | 2014-08-27 | 75,000 | $13.48 | 204,443 | No | 4 | S | Direct | |
| Common Stock, Par Value $0.01 Per Share | Disposition | 2014-08-28 | 24,942 | $13.32 | 179,501 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | F | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock, Par Value $0.01 Per Share | Stock Option (right to buy) | Disposition | 2014-08-27 | 100,000 | $0.00 | 100,000 | $4.53 |
| Common Stock, Par Value $0.01 Per Share | Stock Option (right to buy) | Disposition | 2014-08-27 | 150,000 | $0.00 | 150,000 | $2.58 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | No | 4 | M | Direct | ||
| 0 | No | 4 | M | Direct |
Footnotes
- This price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $13.42 to $13.49, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
- This price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $13.30 to $13.35, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
- The reported stock options were granted by the issuer to Fortress Operating Entity I ("FOE I"), an affiliate of the issuer's manager, in March 2011 and September 2011, as applicable, pursuant to the terms of the issuer's Nonqualified Stock Option and Incentive Award Plan. FOE I assigned such options to the reporting person, who assumed the options for no value.
- Options became exercisable in thirty equal monthly installments beginning on the first of each month following the month in which the options were granted to FOE I.
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