ROBIN JOSEPHS - 31 Mar 2023 Form 4/A Insider Report for Safehold Inc. (SAFE)

Role
Director
Signature
Austin Lee, as Attorney-in-Fact for Robin Josephs
Issuer symbol
SAFE
Transactions as of
31 Mar 2023
Net transactions value
$0
Form type
4/A
Filing time
02 Apr 2024, 17:05:17 UTC
Date Of Original Report
04 Apr 2023
Previous filing
16 Sep 2022
Next filing
09 Jun 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SAFE Common Stock Award $0 +10,000 +11% $0.000000 100,071 31 Mar 2023 By Family Trusts F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On March 31, 2023, the merger (the "Merger") of Safehold Inc. ("Old Safe") with and into iStar Inc. ("iStar") closed, with iStar Inc. surviving the Merger and changing its name to Safehold Inc. ("New SAFE"; NYSE: SAFE). In the Merger and related transactions, (1) each outstanding share of common stock of Old Safe was converted into one share of common stock of New SAFE, and (2) each outstanding share of common stock of iStar was reverse split and converted into 0.160 of a share of common stock of New SAFE. The amount of securities beneficially owned following the reported transactions represents the shares of New SAFE common stock owned on March 31, 2023, the Merger closing date.
F2 The Reporting Person was the holder of 10,000 Old Safe restricted stock units granted on May 9, 2019 for her services as a Director of Old Safe. In connection with the Merger, the 10,000 Old Safe restricted stock units converted into New Safe restricted stock units. The units will settle in a trust in five equal annual installments commencing on July 1, 2027 and continuing through July 1, 2031. The units are fully-vested as of the grant date.
F3 This Form 4A amends a Form 4 filed on April 4, 2023 that incorrectly excluded this transaction.