X0306 4 2020-05-07 0 0001679688 Colony Capital, Inc. CLNY 0001195500 CROCKER DOUGLAS II C/O COLONY CAPITAL, INC. 515 S. FLOWER ST., 44TH FLOOR LOS ANGELES CA 90071 1 0 0 0 Class A Common Stock 2020-05-07 4 A 0 40609 0.00 A 40609 D Deferred Stock 2020-05-07 4 A 0 40610 A Class A Common Stock 40610 152583 D Represents the receipt of restricted Class A common stock granted by the Issuer to the reporting person in accordance with the Issuer's non-executive compensation policy in connection with the reporting person's recent re-election to the Issuer's board of directors. The restricted shares are scheduled to vest on May 7, 2021. The amount of restricted shares was determined by dividing the fixed grant value of $160,000 by the closing price of the Issuer's common stock on the New York Stock Exchange on the business day prior to the grant date, multiplied by 50%, which is the portion the reporting person elected to defer. See footnotes 2 and 3. Represents the receipt of deferred stock units ("Deferred Stock") granted by the Issuer in respect of the reporting person's election to defer 50% of the equity compensation payable in accordance with the Issuer's non-executive director compensation policy in connection with the reporting person's recent re-election to the Issuer's board of directors. Deferred Stock has no expiration date and is payable in the Issuer's Class A Common Stock, on a one-for-one basis, after the reporting person's separation from service with the Issuer. The Deferred Stock is scheduled to vest on May 7, 2021. The amount of Deferred Stock was determined by dividing the fixed grant value of $160,000 by the closing price of the Issuer's common stock on the New York Stock Exchange on the business day prior to the grant date, multiplied by 50%. /s/ Jenny B. Neslin, as Attorney-in-fact 2020-05-11