4//SEC Filing
Carnella Jonathan A. 4
Accession 0001104659-23-073813
CIK 0001503707other
Filed
Jun 21, 8:00 PM ET
Accepted
Jun 22, 4:50 PM ET
Size
13.2 KB
Accession
0001104659-23-073813
Insider Transaction Report
Form 4
Carnella Jonathan A.
Director
Transactions
- Award
Common Stock
2023-06-21+29,010→ 29,010 total - Gift
Common Stock
2023-06-21+29,010→ 79,054 total(indirect: See Footnote) - Gift
Common Stock
2023-06-21−29,010→ 0 total
Holdings
- 50,044(indirect: See Footnote)
Common Stock
Footnotes (4)
- [F1]Pursuant to the NorthStar Healthcare Income, Inc. (the "Company") Fifth Amended and Restated Independent Directors Compensation Plan (the "Plan"), each of the Company's independent directors receives a grant of $85,000 in restricted stock units ("Restricted Stock Units") convertible, on a one-for-one-basis, into common stock, par value $0.01, of the Company (the "Common Stock") following re-election to the Company's Board of Directors.
- [F2]The Restricted Stock Units vest quarterly over a two year period with an initial vesting date of July 1, 2023. Unless forfeited prior to the applicable vesting date, the Restricted Stock Units will be converted into shares of Common Stock on the earlier of (i) Change in Control (as defined in Section 409A of the Code) or (ii) the date of the director's "separation from service" (as defined in Section 409A of the Code).
- [F3]Pursuant to the Plan, the amount of Restricted Stock Units was determined by dividing the fixed grant value of $85,000 by the most recently disclosed net asset value of the Company's common stock, or $2.93.
- [F4]By family revocable trust.
Issuer
NorthStar Healthcare Income, Inc.
CIK 0001503707
Entity typeother
Related Parties
1- filerCIK 0001856249
Filing Metadata
- Form type
- 4
- Filed
- Jun 21, 8:00 PM ET
- Accepted
- Jun 22, 4:50 PM ET
- Size
- 13.2 KB