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SFI > SEC Filings for SFI > Form 8-K on 22-Mar-2013All Recent SEC Filings

Show all filings for ISTAR FINANCIAL INC



Other Events

Item 8.01. Other Events.

Jay Sugarman, the chairman and chief executive officer of iStar Financial Inc., a Maryland corporation (the "Company"), intends to enter into a trading plan pursuant to Rule 10b5-1 under the Securities Exchange Act of 1934, as amended, covering the sale from time to time of up to 962,963 shares of the Company's common stock owned by him over a 12-month period. The number of shares covered by the plan is equal to the number of restricted stock units held by Mr. Sugarman that are expected to vest on January 1, 2014. The plan contemplates that shares will be sold in monthly pro rata installments, subject to certain criteria. Any unsold shares in a particular month may be added to future monthly sales.

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