4//SEC Filing
LARNER PAUL 4
Accession 0000891836-03-000523
CIK 0000899689other
Filed
Sep 15, 8:00 PM ET
Accepted
Sep 16, 10:37 AM ET
Size
12.7 KB
Accession
0000891836-03-000523
Insider Transaction Report
Form 4
LARNER PAUL
Executive VP - Chief Adm. Off.
Transactions
- Exercise of In-Money
Employee stock option (right to buy)
2003-09-12−17,770→ 0 totalExercise: $43.05Exp: 2010-01-25→ Common Shares (17,770 underlying) - Exercise of In-Money
common shares of ben. int. ("Common Shares")
2003-09-12$43.05/sh+17,770$764,999→ 64,203 total - Sale
Common Shares
2003-09-12$47.50/sh−23,127$1,098,533→ 46,433 total - Exercise/Conversion
Common Shares
2003-09-12$42.13/sh+23,127$974,341→ 87,330 total - Exercise/Conversion
Employee stock option (right to buy)
2003-09-12−23,127→ 51,873 totalExercise: $42.13Exp: 2012-01-28→ Common Shares (23,127 underlying) - Sale
Common Shares
2003-09-12$47.25/sh−17,770$839,633→ 69,560 total
Footnotes (5)
- [F1]24,811 of these Common Shares are "restricted stock" under the terms of the Vornado Realty Trust 2002 Omnibus Share Plan. 5,266 of these 24,811 Common Shares will vest on January 1, 2004 and 5,265 will vest on each of January 1, 2005, January 1, 2006 and January 1, 2007, subject to the terms of the plan. 750 of these 24,811 will vest on each of January 28, 2004, January 28, 2005, January 28, 2006, January 28, 2007 and January 28, 2008, subject to the terms of the plan.
- [F2]The exercise price of these options was incorrectly reported on Mr. Larner's Form 3, filed on October 3, 2002, as $43.06.
- [F3]Immediately.
- [F4]Received as consideration due in exchange for employee stock options exercisable for partnership interests in Charles E. Smith Commercial Realty L.P. ("CESCR") in connection with the merger of CESCR with and into Vornado Realty L.P.
- [F5]Mr. Larner was granted 75,000 options on January 28, 2002, 25,000 of which became exercisable on January 28, 2003, 24,750 of which will become exercisable on January 28, 2004, and 24,750 of which will become exercisable on January 28, 2005.
Documents
Issuer
VORNADO REALTY TRUST
CIK 0000899689
Entity typeother
Related Parties
1- filerCIK 0001246481
Filing Metadata
- Form type
- 4
- Filed
- Sep 15, 8:00 PM ET
- Accepted
- Sep 16, 10:37 AM ET
- Size
- 12.7 KB