0001571049-17-000145.txt : 20170104
0001571049-17-000145.hdr.sgml : 20170104
20170104192408
ACCESSION NUMBER: 0001571049-17-000145
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20161231
FILED AS OF DATE: 20170104
DATE AS OF CHANGE: 20170104
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: NORTHSTAR REALTY FINANCE CORP.
CENTRAL INDEX KEY: 0001273801
STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798]
IRS NUMBER: 000000000
STATE OF INCORPORATION: MD
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 399 PARK AVENUE,
STREET 2: 18TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10022
BUSINESS PHONE: 212-547-2640
MAIL ADDRESS:
STREET 1: 399 PARK AVENUE,
STREET 2: 18TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10022
FORMER COMPANY:
FORMER CONFORMED NAME: NORTHSTAR REALTY
DATE OF NAME CHANGE: 20031218
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: HESS DEBRA ANN
CENTRAL INDEX KEY: 0001245523
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-32330
FILM NUMBER: 17508093
MAIL ADDRESS:
STREET 1: C/O NORTHSTAR REALTY FINANCE CORP.
STREET 2: 399 PARK AVENUE, 18TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10022
4
1
t1700018-x3.xml
OWNERSHIP DOCUMENT
X0306
4
2016-12-31
0
0001273801
NORTHSTAR REALTY FINANCE CORP.
NRF
0001245523
HESS DEBRA ANN
C/O NORTHSTAR REALTY FINANCE CORP.
399 PARK AVENUE, 18TH FLOOR
NEW YORK
NY
10022
0
1
0
0
Chief Financial Officer
Common Stock
2016-12-31
4
F
0
6536
15.15
D
75863
D
Common Stock
2017-01-04
4
M
0
14503
A
90366
D
Common Stock
2017-01-04
4
A
0
28864
0
A
119230
D
Common Stock
2017-01-04
4
F
0
11200
16.20
D
108030
D
Performance Restricted Stock Units
2017-01-04
4
M
0
14503
0
D
Common Stock
14503
0
D
Represents shares of Common Stock retained by NorthStar Realty Finance Corp. ("NRF") in order to satisfy its tax withholding obligations arising from the vesting of shares of Common Stock previously granted and held by the reporting person.
As previously disclosed in filings with the Securities and Exchange Commission, represents performance restricted stock units ("RSUs") granted as long-term performance based incentive compensation pursuant to NorthStar Realty Finance Corp.'s Executive Incentive Bonus Plan for 2013. As a result of the spin-offs of NorthStar Asset Management Group Inc. ("NSAM") and NorthStar Realty Europe Corp. ("NRE") from NRF and as a result of the 1-for-2 reverse stock split of NRF that occurred on November 1, 2015, each RSU was adjusted to relate to one share of NRF common stock, two shares of NSAM common stock and one-third of a share of NRE common stock. The RSUs vested in full based on the achievement of the maximum performance hurdle initially established for the RSUs, which was total stockholder return in excess of 12% per year, compounded annually, for the period from January 1, 2013 through December 31, 2016.
On January 4, 2017, 14,503 shares of Common Stock were issued in settlement of the RSUs described in footnote (2) above.
Represents shares of Common Stock retained by NRF in order to satisfy its tax withholding obligations arising from the issuance of shares of Common Stock to the reporting person in settlement of the RSUs described in footnote (2) above and relating to shares of Common Stock granted to the reporting person in connection with long-term bonus for 2016.
Reflects 1-for-2 reverse stock split of NRF that occurred on November 1, 2015.
/s/ Ronald J. Lieberman, as Attorney-in-Fact for Debra A. Hess
2017-01-04