Safehold Inc 8-K, filed Feb 13, 2020
Safehold Inc. (SAFE)
8-K
2020-02-13
For: 2020-02-13
View Original
Added on
April 12, 2026
About this 8-K
Safehold Inc filed this 8-K on February 13, 2020.
Items reported
- Item 5.02: Director or officer change, or executive pay
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): February 13, 2020
_______________________________________________________________________________
(Exact name of registrant as specified in its charter)
(State or other jurisdiction of incorporation) | (Commission File Number) | (IRS Employer Identification No.) | ||
(Address of principal executive offices, including zip code)
Registrant’s telephone number, including area code: (212 ) 930-9400
_______________________________________________________________________________
N/A
(Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
Securities registered pursuant to Section 12(b) of the Act:
Title of each class | Trading Symbol(s) | Name of each exchange on which registered | ||
Common Stock, $0.001 par value | ||||
8.00% Series D Cumulative Redeemable Preferred Stock, $0.001 par value | ||||
7.65% Series G Cumulative Redeemable Preferred Stock, $0.001 par value | ||||
7.50% Series I Cumulative Redeemable Preferred Stock, $0.001 par value | ||||
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 5.02 | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
iStar Inc. announced that Jeremy Fox-Geen has been named as iStar's new Chief Financial Officer. Mr. Fox-Geen, age 46, has most recently served as the chief financial officer for McKinsey & Co., North America since September 2016. Prior to that, Mr. Fox-Geen was a managing director and banking strategy leader at PricewaterhouseCoopers, LLP from August 2013 to May 2016, and he held earlier positions at Citigroup, McKinsey & Co. and several investment banking firms. Mr. Fox-Geen holds an MA in mathematics and philosophy from Oxford University.
Mr. Fox-Geen will receive an annual base salary of $500,000 and he will be eligible for target annual cash bonuses under iStar's incentive compensation program of $600,000 and $700,000 for 2020 and 2021, respectively. In addition, Mr. Fox-Geen was awarded 10,000 restricted stock units under iStar's equity incentive plan and 2.0 points in the 2019-2020 iPIP investment pool.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this Report to be signed on its behalf by the undersigned, thereunto duly authorized.
iStar Inc. | |||
Date: | February 13, 2020 | By: | /s/ JAY SUGARMAN |
Jay Sugarman Chairman and Chief Executive Officer | |||