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Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1095651	Istar Financial Inc	SFI	Real Estate Investment Trusts (6798)	000000000

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1219403	Nina Matis	1114 Avenue Of The Americas, 39Th Floor New York NY 10036	Chief Legal Officer & Cio	No	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	2012-03-20	24,369	$7.63	327,161	No	4	S	Direct
Common Stock	Disposition	2012-03-20	20,631	$7.59	327,161	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Direct
No	4	S	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Restricted Stock Units	319,260	Direct

Footnotes

On March 20, 2012, the Reporting Person, Ms. Nina Matis, disposed of a total of 45,000 shares of iStar common stock in open market sales transactions. 24,369 shares were sold at an average price of $7.63 per share and 20,631 shares were sold at an average price of $7.59 per share. Following the transactions reported in this Form 4, the Reporting Person is the beneficial owner of a total of 327,161 shares of iStar common stock, which are owned directly.
The Reporting Person is also the holder of 319,260 Units representing the right to receive an equivalent number of shares of iStar common stock (net of shares deducted for taxes and other withholdings) if and when the Units vest.