Filing Details

Accession Number:
0001571049-15-001643
Form Type:
4
Zero Holdings:
No
Publication Time:
2015-03-04 21:00:23
Reporting Period:
2015-03-02
Filing Date:
2015-03-04
Accepted Time:
2015-03-04 21:00:23
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1597503 Northstar Asset Management Group Inc. NSAM Real Estate (6500) 000000000
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1139257 T David Hamamoto C/O Northstar Asset Mgmnt Group Inc.
399 Park Avenue, 18Th Floor
New York NY 10022
Chairman And Ceo Yes Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2015-02-26 304,073 $0.00 0 No 5 G Indirect By The David T. Hamamoto GRAT I-2013
Common Stock Disposition 2015-03-02 400,000 $23.74 1,446,466 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 5 G Indirect By The David T. Hamamoto GRAT I-2013
No 4 S Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 250,000 Indirect By The David T. Hamamoto GRAT I-2014-NSAM
Common Stock 6,523 Indirect By DTH Investment Holdings LLC
Footnotes
  1. The sales reported were effected pursuant to a 10b5-1 sales plan (the "10b5-1 Plan") previously adopted by the reporting person on December 23, 2014. No shares remain available for sale under the 10b5-1 Plan.
  2. Represents a weighted average price per share. These shares were sold in multiple transactions ranging from $23.36 to $24.35, inclusive. The reporting person undertakes to provide upon request by the staff of the U.S. Securities and Exchange Commission, the Company or a security holder of the Company, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
  3. Excludes: (i) 634,956 Deferred LTIP Units; (ii) 471,604 shares of common stock (or LTIP Units, to the extent available) of NorthStar Asset Management Group Inc. (the "Company") to be issued to the extent performance conditions are met on restricted stock units ("RSUs") previously issued by NorthStar Realty Finance Corp.; and (iii) awards issued pursuant to the Company's 2014 Omnibus Stock Incentive Plan consisting of an aggregate of 1,584,110 shares of performance common stock, which vest over four years and are subject to the achievement of various performance-based vesting conditions and continued employment, as further described in the Company's public filings. "Deferred LTIP Units" represent the right to receive an equal number of units of limited partnership interests ("LTIP Units") structured as profits interests in the Company's operating partnership, if any, or shares of the Company's common stock if such LTIP Units are not available.
  4. The reporting person previously held 378,787 shares of common stock in a grantor retained annuity trust. Upon termination of the trust on February 26, 2015, 304,073 shares of common stock were transferred to trusts for the benefit of the reporting person's adult children who do not share his household. The remaining 74,714 shares were distributed to the reporting person and are reported in this Form 4 as directly owned.