Safehold Inc 8-K, filed Apr 14, 2022
Safehold Inc. (SAFE)
About this 8-K
Safehold Inc filed this 8-K on April 14, 2022, reporting on events of April 8, 2022.
Items reported
- Item 3.02: Unregistered sale of equity
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SECURITIES AND EXCHANGE COMMISSION
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Item 3.02. Unregistered Sales of Equity Securities.
On April 12, 2022, iStar Inc. completed separate, privately-negotiated transactions with holders of approximately $194.4 million aggregate principal amount of the company's 3.125% Convertible Senior Notes due 2022 in which the noteholders exchanged their convertible notes with the company for an aggregate of approximately13.75 million newly issued shares of the company's common stock and aggregate cash payments of approximately $14.2 million. The convertible notes received by the company were retired.
The exchanges of shares of common stock for convertible notes were made pursuant to the exemption from registration provided in Section 4(a)(2) of the Securities Act of 1933, as amended.
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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: | April 14, 2022 | By: | /s/ BRETT ASNAS |
| Brett Asnas | |||
| Chief Financial Officer | |||
| (principal financial officer) |
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