Market for Registrant’s Equity and Related Stock Matters
−Removed: The Company’s common stock trades on the New York Stock Exchange ("NYSE") under the symbol "STAR."
−Removed: The Company had 1,354 holders of record of common stock as of February 17, 2023.
+Added: Our common stock trades on the NYSE under the symbol "SAFE." Computershare is the transfer agent and registrar for our common stock.
+Added: We had 1,615 holders of record of common stock as of February 9, 2024.
This figure does not represent the actual number of beneficial owners of our common stock because shares of our common stock are frequently held in “street name” by securities dealers and others for the benefit of beneficial owners who may vote the shares and who would report dividends paid by us in their taxable income.
+Added: Unregistered Sales of Equity Securities
+Added: We did not have any sales of unregistered shares of our common stock during the three months ended December 31, 2023.
Issuer Purchases of Equity Securities
We did not purchase any shares of our common stock during the three months ended December 31, 2023.
−Removed: Disclosure of Equity Compensation Plan Information
−Removed: Number of securities
−Removed: remaining available for
−Removed: Number of securities to
−Removed: Weighted-average
−Removed: future issuance under
−Removed: be issued upon exercise
−Removed: exercise price of
−Removed: equity compensation plans
−Removed: of outstanding options,
−Removed: outstanding options,
−Removed: (excluding securities
−Removed: Plans Category
−Removed: warrants and rights
−Removed: warrants and rights
−Removed: reflected in column (a))
−Removed: Equity compensation plans approved by security holders-restricted stock awards (1)(2)
−Removed: (1) Restricted Stock—The amount shown in column (a) includes 633,550 unvested restricted stock units which may vest in the future based on the employees’ continued service to the Company (see Item 8—"Financial Statements and Supplemental Data—Note 15"
−Removed: for a more detailed description of the Company’s restricted stock grants).
−Removed: All of the unvested restricted stock units included in column (a) are required to be settled on a net, after-tax basis (after deducting shares for minimum required statutory withholdings);
−Removed: therefore, the actual number of shares issued will be less than the gross amount of the awards.
−Removed: The amount shown in column (a) also includes 160,040 of common stock equivalents and restricted stock awarded to our non-employee directors in consideration of their service to the Company as directors.
−Removed: Common stock equivalents represent rights to receive shares of common stock at the date the common stock equivalents are settled.
−Removed: Common stock equivalents have dividend equivalent rights beginning on the date of grant.
−Removed: The amount in column (c) represents the aggregate amount of stock options, shares of restricted stock units or other performance awards that could be granted under compensation plans approved by the Company’s security holders after giving effect to previously issued awards of stock options, shares of restricted stock units and other performance awards (see Item 8—"Financial Statements and Supplemental Data—Note 15"
−Removed: for a more detailed description of the Company’s Long-Term Incentive Plans).
−Removed: (2) The amount shown in column (a) does not include a currently indeterminable number of shares that may be issued upon the satisfaction of performance and vesting conditions of awards made under the Company’s Performance Incentive Plan ("iPIP") approved by shareholders.
−Removed: In no event may the number of shares issued exceed the amount available in column (c) unless shareholders authorize additional shares (see Item 8—"Financial Statements and Supplemental Data—Note 15"
−Removed: for a more detailed description of iPIP.)
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.