Form 4 for SAFE Safehold Inc.

Accepted 2023-04-04 00:00:00 ET · period of report 2023-03-31 · accession 0001415889-23-005916 · SEC index · Original document

Summary rows

Aggregated the way they appear in lists: one row per insider, transaction code and security table.

X	Filed	Traded	Ticker	Insider	Title	Type	Price	Qty	Owned	ΔOwn	Value
I	2023-04-04	2023-03-31	SAFE	DESOUZA CLIFFORD	Dir	J - Other	$0.00	+1,754	1,754	New	$0
M	2023-04-04	2023-03-31	SAFE	DESOUZA CLIFFORD	Dir	J - Other	$0.00	+23.6K	23.6K	New	$0

Purchase Sale Sale after option exercise All abbreviations

Every reported transaction

#	Table	Security	Date	Code	A/D	Shares	Price	Owned after	Own	Exercise / expiry	Underlying	Footnotes
1	Common	Common Stock	2023-03-31	J	A	1,754	$0.00	1,754	I By Family Trust	—	—	(F1) On March 31, 2023, the merger (the "Merger") of Safehold Inc. ("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 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 by the Reporting Person on March 31, 2023, the Merger closing date following conversion of iStar shares and Safe shares that were owned by the Reporting Person. (F2) The Reporting Person, who was serving as a director of iStar at the time of the Merger, is not a director of New Safe as of the Merger closing date.
2	Common	Common Stock	2023-03-31	J	A	10,106	$0.00	23,595	D	—	—	(F1) On March 31, 2023, the merger (the "Merger") of Safehold Inc. ("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 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 by the Reporting Person on March 31, 2023, the Merger closing date following conversion of iStar shares and Safe shares that were owned by the Reporting Person. (F2) The Reporting Person, who was serving as a director of iStar at the time of the Merger, is not a director of New Safe as of the Merger closing date.
3	Common	Common Stock	2023-03-31	J	A	13,489	$0.00	23,595	D	—	—	(F1) On March 31, 2023, the merger (the "Merger") of Safehold Inc. ("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 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 by the Reporting Person on March 31, 2023, the Merger closing date following conversion of iStar shares and Safe shares that were owned by the Reporting Person. (F2) The Reporting Person, who was serving as a director of iStar at the time of the Merger, is not a director of New Safe as of the Merger closing date.