Company: DBRG
Filing Date: 2025-02-21
Form Type: 10-K
Source: 0001679688-25-000017
Chunk: 188

Company: DigitalBridge Group, Inc.
Filing Date: 2025-02-21
Form: 10-K
Item: Item 8
Chunk 188
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 and cash paid, net of transaction costs. The exchanges did not qualify as debt conversion and were treated as debt extinguishment as the Company issued less than the number of shares issuable under the stated exchange ratio of 108.696 shares per $1,000 of note principal exchanged.

92

8. Stockholders' EquityThe table below summarizes the share activities of the Company's preferred stock and common stock.Number of Shares(In thousands)Preferred StockClass A Common StockClass B Common StockShares outstanding at December 31, 202135,340 142,144 166 Stock repurchases(2,229)(4,195)— Exchange of notes for class A common stock— 6,389 — Shares issued upon redemption of OP Units— 100 — Shares issued for redemption of redeemable noncontrolling interest (Note 9)— 14,435 — Equity awards issued, net of forfeitures— 1,589 — Shares canceled for tax withholding on vested equity awards— (699)— Shares outstanding at December 31, 202233,111 159,763 166 Stock repurchases(235)— — Shares issued upon redemption of OP Units— 253 — Equity awards issued, net of forfeitures— 4,835 — Shares canceled for tax withholding on vested equity awards— (1,642)— Shares outstanding at December 31, 202332,876 163,209 166 Exchange of notes for class A common stock— 8,245 — Shares issued upon redemption of OP Units — 452 — Conversion of class B to class A common stock— 16 (16)Settlement of Wafra contingent consideration (Note 9)— 1,020 — Equity awards issued, net of forfeitures— 1,772 — Shares canceled for tax withholding on vested equity awards— (512)— Shares outstanding at December 31, 202432,876 174,202 150 Preferred StockIn the event of a liquidation or dissolution of the Company, preferred stockholders have priority over common stockholders for payment of dividends and distribution of net assets.The table below summarizes the preferred stock issued and outstanding at December 31, 2024:DescriptionDividend Rate Per AnnumInitial Issuance DateShares Outstanding (in thousands)Par Value (in thousands)Liquidation Preference (in thousands)Earliest Redemption DateSeries H