ISTAR FINL INC

CUSIP: 45031UBR1 Class: CNV

GRATIA CAPITAL, LLC's Holding History (CIK: 0001599793)

Note: Option positions (PUT/CALL) are excluded.

Q3 2016

Shares 7,500,000 Value ($000) $7,569 Avg Close — Range —

Q2 2016

Shares 7,500,000 Value ($000) $7,573 Avg Close — Range —

Q1 2016

Shares 7,500,000 Value ($000) $7,841 Avg Close — Range —

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2016	7,500,000	$7,569	—	—
Q2 2016	7,500,000	$7,573	—	—
Q1 2016	7,500,000	$7,841	—	—