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"Insiders might sell their shares for any number of reasons, but they buy them for only one:
they think the price will rise" - Peter Lynch ==>> What is insider trading>> |

| Transaction & Date | Reported Date |
Company | Symbol | Insider Relationship |
Shares Traded | Average Price | Total Amount |
Shares Ownership |
Filing |
| 2007-06-13 Purchase |
2007-06-14 11:51 am | NORTHSTAR REALTY | NRF | Raffe Daniel D (EVP) | 500 | $13.3 | $6,650 | 1,500 (Direct) | View |
| 2007-03-15 Purchase |
2007-03-15 1:25 pm | NORTHSTAR REALTY | NRF | Raffe Daniel D (EVP) | 1,000 | $14.4 | $14,400 | 1,000 (Direct) |
View |
| Transaction & Date | Reported Date |
Company | Symbol | Insider Relationship |
Shares Traded |
Average Price |
Total Amount | Shares Ownership |
Filing |
| 2008-11-11- -2008-11-12 Purchase | 2008-11-13 4:31 pm |
NORTHSTAR REALTY | NRF | Raffe Daniel D (EVP) | 500 | $8.296 | $4,148 | 500 (Direct) | View |
| Transaction & Date | Reported Date |
Exercisable Expiration | Company | Symbol | Insider Relationship |
Shares Traded | Conversion Price |
Shares Ownership | Filing |
| 2008-01-16 Option Award | 2008-01-18 5:21 pm |
N/A N/A | NORTHSTAR REALTY | NRF | Raffe Daniel D (EVP) | 46,784 | $0 | 238,615 (Direct) | View |
| 2007-11-06 Option Award | 2007-11-06 5:24 pm | N/A N/A | NORTHSTAR REALTY | NRF | Raffe Daniel D (EVP) | 11,300 | $0 | 191,831 (Direct) | View |
| 2007-10-04 Option Award | 2007-10-05 4:52 pm | N/A N/A |
NORTHSTAR REALTY | NRF | Raffe Daniel D (EVP) | 93,721 | $0 | 180,531 (Direct) |
View |
| 2007-01-17 Option Award | 2007-01-19 4:21 pm | N/A N/A | NORTHSTAR REALTY | NRF | Raffe Daniel D (EVP) | 45,510 | $0 | 86,810 (Direct) |
View |
| 2006-11-06 Option Award | 2006-11-08 4:32 pm | N/A N/A |
NORTHSTAR REALTY | NRF | Raffe Daniel D (EVP) | 11,300 | $0 | 41,300 (Direct) |
View |
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