Filing Details

Accession Number:
0001571049-15-002634
Form Type:
4
Zero Holdings:
No
Publication Time:
2015-04-03 21:01:10
Reporting Period:
2015-04-02
Filing Date:
2015-04-03
Accepted Time:
2015-04-03 21:01:10
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1273801 Northstar Realty Finance Corp. NRF Real Estate Investment Trusts (6798) 000000000
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1306762 R Daniel Gilbert C/O Northstar Realty Finance Corp.
399 Park Avenue, 18Th Floor
New York NY 10022
Chief Inv. And Op. Officer No 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 2015-04-02 450,000 $18.22 322,048 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
Footnotes
  1. The sales reported were effected pursuant to a 10b5-1 sales plan (the "10b5-1 Plan") previously adopted by the reporting person on March 5, 2015. No shares remain available for sale under the 10b5-1 Plan.
  2. Represents a weighted average price per share. These shares were sold in multiple transactions ranging from $18.12 to $18.365, inclusive. The reporting person undertakes to provide upon request by the staff of the U.S. Securities and Exchange Commission, NorthStar Realty Finance Corp. (the "Company") or a security holder of the Company, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
  3. Excludes: (i) 646,191 LTIP Units; and (ii) 464,052 shares of common stock (or LTIP Units, to the extent available) of the Company to be issued to the extent performance conditions are met on restricted stock units ("RSUs"). "LTIP Units" are units of limited partnership interest structured as profits interests in NorthStar Realty Finance Limited Partnership ("NRFLP"), the operating partnership of the Company. Conditioned on minimum allocations to the capital accounts of the LTIP Unit for federal income tax purposes, each LTIP Unit may be converted, at the election of the holder, into one OP Unit in NRFLP, which may then be redeemed for cash equal to the then fair market value of one share of common stock or, at the option of the Company, one share of the Company's common stock.