Filing Details

Accession Number:
0001179110-11-015612
Form Type:
4
Zero Holdings:
No
Publication Time:
2011-11-23 17:33:38
Reporting Period:
2011-11-21
Filing Date:
2011-11-23
Accepted Time:
2011-11-23 17:33:38
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
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 2011-11-21 25,000 $5.96 2,349,415 No 4 S Direct
Common Stock Disposition 2011-11-22 25,000 $5.83 2,349,415 No 4 S Direct
Common Stock Disposition 2011-11-23 25,000 $5.40 2,349,415 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
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
Restricted Stock Units 6,117,629 Direct
Footnotes
  1. On November 21, November 22 and November 23, 2011, a total of 75,000 shares of iStar common stock (25,000 shares on each day) were sold on behalf of the Reporting Person, Mr. Jay Sugarman, pursuant to a Rule 10b5-1 sales plan adopted by the Reporting Person on November 8, 2011. Following the transactions reported in this Form 4, the Reporting Person is the beneficial owner of a total of 2,393,959 shares of iStar common stock, including 2,349,415 shares owned directly and 44,544 shares owned indirectly by his spouse.
  2. The Reporting Person is also the owner of 6,117,629 restricted stock units representing the right to receive an equivalent number of shares of iStar common stock (net of shares deducted for taxes and other withholdings) if and when the units vest.