Safehold Inc. — Director's Dealing 2021

Mar 11, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ISTAR INC. (STAR)
CIK: 0001095651
Period of Report: 2021-02-26

Reporting Person: Rosenblum Garett (Chief Accounting Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-02-26	Restricted Stock Units (Common Stock)	A	5644	—	Acquired	20443	Direct
2021-03-10	Common Stock	A	1418	—	Acquired	17172	Direct
2021-03-10	Common Stock	F	481	—	Disposed	17172	Direct
2021-03-11	Common Stock	A	3386	—	Acquired	17172	Direct
2021-03-11	Common Stock	F	1150	—	Disposed	17172	Direct

Footnotes

F1: The Reporting Person has been granted 5,644 restricted stock units (Units), representing the right to receive an equivalent number of shares of iStar common stock (net of applicable taxes and other withholdings) if and when the Units vest. The Units will vest in one installment on January 7, 2024, if certain service conditions have been satisfied.

F2: A total of 1,418 shares of common stock of iStar Inc. (NYSE: STAR) have been issued and delivered to the Reporting Person in connection with a payout of amounts available for distribution pursuant to, and in accordance with, vested awards previously made to the Reporting Person under the iStar Inc. 2013 Performance Incentive Plan. After deducting 481 shares for applicable tax withholding, the Reporting Person received a net amount of 937 shares of iStar common stock.

F3: The Reporting Person has been granted 3,386 shares of iStar common stock in connection with an annual incentive award. After deducting 1,150 shares for applicable tax withholding, the Reporting Person acquired a net amount of 2,236 shares of iStar common stock. The shares are fully vested and are subject to transfer restrictions which provide that they may not be sold prior to June 30, 2021