Filing Details

Accession Number:
0001179110-11-007482
Form Type:
4
Zero Holdings:
No
Publication Time:
2011-05-06 12:50:20
Reporting Period:
2011-05-04
Filing Date:
2011-05-06
Accepted Time:
2011-05-06 12:50:20
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1095651 Istar Financial Inc SFI Real Estate Investment Trusts (6798) 000000000
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1222801 Robin Josephs 1861 North Orchard Street
Chicago IL 60614
Yes No 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 $.001 Per Share Disposition 2011-05-04 15,060 $9.00 0 No 4 S Indirect By spouse
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect By spouse
Footnotes
  1. On May 4, 2011, the Reporting Person disposed of indirect beneficial ownership of 15,060 shares of Common Stock of iStar Financial Inc. (SFI) through the open market sale of shares owned by her spouse, at a price of $9.00 per share. Following this transaction, the Reporting Person is the beneficial owner of a total of 49,117 shares of Common Stock, of which 14,190 shares are owned directly, 22,927 shares are owned indirectly through a revocable trust and 12,000 shares are owned indirectly by an individual retirement account established by the Reporting Person.
  2. The Reporting Person also holds a total of 61,601 Common Stock Equivalents (CSEs) under the iStar Financial Inc. Non-Employee Directors' Deferral Plan (Plan), 42,807 of which are currently vested. Under the Plan, on the relevant distribution date, vested CSEs will be settled by the transfer of shares of iStar common stock to the participant. The "regular distribution date" for distributions to participants is the earlier of: (1) January 1 on or next following the earlier of (i) the date the participant ceases to be a non-employee director; and (ii) the date of the participant's death; and (2) a change of control (as defined in the Plan). A participant, under certain limited circumstances, is permitted to elect to receive distributions at times other than the regular distribution date.