Ownership Submission
FORM 3
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
  Richardson Andrew C
2. Date of Event Requiring Statement (Month/Day/Year)
03/30/2018
3. Issuer Name and Ticker or Trading Symbol
ISTAR INC. [STAR]
(Last)
(First)
(Middle)
C/O ISTAR, 1114 AVENUE OF THE AMERICAS 39TH FLOOR
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Interim CFO
5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

NEW YORK, NY 10036
6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Common Stock 20,000 (1)
D
 
Preferred Stock 0
D
 
Restricted Stock Units 80,000 (1)
D
 

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(Month/Day/Year)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Richardson Andrew C
C/O ISTAR
1114 AVENUE OF THE AMERICAS 39TH FLOOR
NEW YORK, NY 10036
      Interim CFO  

Signatures

s/ Andrew C Richardson 04/02/2018
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) On March 30, 2018, the Reporting Person, Mr. Andrew C Richardson, joined iStar Inc. as President, Land and Development, and interim Chief Financial Officer. Effective as of that date, Mr. Richardson has been granted 100,000 restricted stock units (Units), representing the right to receive an equivalent number of shares of iStar common stock (net of applicable taxes and other withholdings) if and when the Units vest. 20,000 Units vested on the grant date and the Reporting Person will receive fully-vested shares of iStar common stock. These shares will be net settled (after deducting shares for applicable taxes and other withholdings) on the next payroll processing date. The remaining Units will vest in four (4) equal annual installments of 20,000 Units each on March 30, 2019, March 30, 2020, March 30, 2021 and March 30, 2022, if certain service conditions have been satisfied.

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