X0306 4 2019-04-15 0 0001679688 Colony Capital, Inc. CLNY 0001615735 Curtin Nancy Ann C/O COLONY CAPITAL, INC. 515 S. FLOWER ST., 44TH FLOOR LOS ANGELES CA 90071 1 0 0 0 Deferred Stock 2019-04-15 4 J 0 874 5.41 A Class A Common Stock 874 43812 D Represents deferred stock units ("Deferred Stock") granted pursuant to dividend equivalent rights on previously awarded Deferred Stock, 543 of which is scheduled to vest on May 10, 2019. Deferred Stock has no expiration date and is payable in Class A Common Stock after the reporting person's separation from service with the Issuer. /s/ Jenny B. Neslin, as Attorney-in-fact 2019-04-17