X0306 4 2018-08-09 0 0001679688 Colony Capital, Inc. CLNY 0001472233 Traenkle Kevin P. C/O COLONY CAPITAL, INC., 515 SOUTH FLOWER STREET, 44TH FLOOR LOS ANGELES CA 90071 0 1 0 0 Chief Investment Officer Class A Common Stock 2018-08-09 4 J 0 66976 A 921092 D OP Units 2018-08-09 4 A 0 133952 0.00 A Class A Common Stock 133952 133952 I See footnote OP Units 2018-08-09 4 J 0 66976 0.00 D Class A Common Stock 66976 66976 I See footnote OP Units 2018-08-09 4 J 0 66976 6.09 D Class A Common Stock 66976 0 I See footnote Represents the redemption by limited liability companies controlled by Thomas J. Barrack, Jr. (the "Holdcos") of common membership units ("OP Units") in Colony Capital Operating Company, LLC ("CCOC") allocable to the reporting person for shares of the issuer's Class A Common Stock ("Class A Common Stock") pursuant to the terms of the OP Units described in Note 2 below. Pursuant to the operating agreements of the Holdcos, the shares of Class A Common Stock received in connection with the redemption were distributed by the Holdcos to the reporting person. Represents OP Units, which are redeemable at the election of the OP Unit holder for (1) cash equal to the market value of an equivalent number of shares of Class A Common Stock or (2) at the option of the issuer in its capacity as the managing member of CCOC, shares of Class A Common Stock on a one-for-one basis. The right to redeem OP Units does not have an expiration date. The OP Units were acquired in connection with contingent consideration paid in the issuer's predecessor's acquisition of substantially all of its former manager in April 2015, and were allocated to the reporting person. The OP Units were redeemed for shares of Class A Common Stock pursuant to the terms of the OP Units described in Note 2 above. The OP Units are held by the Holdcos. The OP Units were redeemed for cash pursuant to the terms of the OP Units described in Note 2 above. See Exhibit 24 - Power of Attorney /s/ Jenny B. Neslin, as Attorney-in-fact 2018-08-13