4//SEC Filing
NORTHSTAR REALTY FINANCE CORP. 4
Accession 0001571049-17-000365
CIK 0001273801operating
Filed
Jan 11, 7:00 PM ET
Accepted
Jan 12, 9:44 PM ET
Size
10.1 KB
Accession
0001571049-17-000365
Insider Transaction Report
Form 4
Rush Gregory Z
Director
Transactions
- Disposition to Issuer
Common Stock
2017-01-10−22,564→ 0 total - Exercise/Conversion
Common Stock
2017-01-10+10,955→ 22,564 total - Exercise/Conversion
Restricted Stock Units
2017-01-10−10,955→ 0 total→ Common Stock (10,955 underlying)
Footnotes (3)
- [F1]Represents shares of common stock of NorthStar Realty Finance Corp. ("NRF"), par value $0.01 per share ("Common Stock"), that were issued upon the settlement of restricted stock units ("RSUs") that vested in connection with the merger (the "CLNS Merger") of New Sirius Inc. ("New NRF") into Colony NorthStar, Inc. ("CLNS") on January 10, 2017, which followed substantially concurrent reorganization transactions involving NRF (the "NRF Reorganization") pursuant to which NRF became a wholly owned subsidiary of New NRF, which had previously been a wholly owned subsidiary of NRF, and all of the outstanding shares of Common Stock were converted into an equal number of shares of common stock of New NRF.
- [F2]Disposed of pursuant to the merger of New NRF with and into CLNS in exchange for shares of CLNS common stock at a ratio of one share of New NRF common stock for 1.0996 shares of CLNS common stock having a market value of $15.84 per share on the effective date of the CLNS Merger based on the reported closing sale price on such date. Prior to the merger of New NRF with and into CLNS, all outstanding shares of Common Stock were automatically converted into an equal number of shares of New NRF common stock pursuant to the NRF Reorganization.
- [F3]Represents RSUs that vested in connection with the CLNS Merger described in footnote (1) above that were subject to vesting in three equal installments on each of March 1, 2017, 2018 and 2019. Upon vesting, each RSU was to be settled in shares of Common Stock or in cash. The RSUs expired and ceased to exist following settlement.
Documents
Issuer
NORTHSTAR REALTY FINANCE CORP.
CIK 0001273801
Entity typeoperating
IncorporatedMD
Related Parties
1- filerCIK 0001273801
Filing Metadata
- Form type
- 4
- Filed
- Jan 11, 7:00 PM ET
- Accepted
- Jan 12, 9:44 PM ET
- Size
- 10.1 KB