DigitalBridge Group, Inc. — Director's Dealing 2017

Dec 19, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Colony NorthStar, Inc. (CLNS)
CIK: 0001679688
Period of Report: 2017-12-14

Reporting Person: HAMAMOTO DAVID T (Director, Executive Vice Chairman)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-12-14	Class A Common Stock	S	136930	$12.1337	Disposed	100629	Indirect
2017-12-14	Class A Common Stock	S	132199	$12.1337	Disposed	164118	Indirect
2017-12-14	Class A Common Stock	S	35657	$12.1337	Disposed	119389	Indirect
2017-12-14	Class A Common Stock	S	805174	$12.1452	Disposed	2103147	Direct
2017-12-15	Class A Common Stock	S	666169	$12.0367	Disposed	1436978	Direct
2017-12-18	Class A Common Stock	S	449780	$12.0488	Disposed	987198	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	89956	Indirect
Class A Common Stock	10108	Indirect

Footnotes

F1: The dispositions were executed in a series of intraday transactions with the high sales price at $12.25 and the low sales price at $12.045.

F2: The dispositions were executed in a series of intraday transactions with the high sales price at $12.25 and the low sales price at $12.045. Excludes 103,683 shares of the Company's class A common stock that were distributed to the reporting person and are reported in this Form 4 as directly owned.

F3: The dispositions were executed in a series of intraday transactions with the high sales price at $12.25 and the low sales price at $12.045. Excludes 72,573 shares of the Company's class A common stock that were distributed to the reporting person and are reported in this Form 4 as directly owned.

F4: The dispositions were executed in a series of intraday transactions with the high sales price at $12.25 and the low sales price at $12.045. Includes 176,256 shares of the Company's class A common stock previously held in certain grantor annuity trusts that were distributed to the reporting person and are reported in this Form 4 as directly owned.

F5: The dispositions were executed in a series of intraday transactions with the high sales price at $12.14 and the low sales price at $12.00.

F6: The dispositions were executed in a series of intraday transactions with the high sales price at $12.17 and the low sales price at $11.975.