GRAMERCY CAPITAL CORP 4/A
4/A · GRAMERCY CAPITAL CORP · Filed May 26, 2009
Insider Transaction Report
Form 4/AAmended
KONIGSBERG PAUL J
Director
Transactions
- Award
Phantom Stock Units
2009-04-01+24,484.54→ 50,961.9 total→ Common Stock (24,484.54 underlying)
Footnotes (3)
- [F1]1 for 1.
- [F2]This Form 4/A is being filed to correct the amount of derivative securities acquired listed in Box 5 of Table II of the Form 4 filed on April 3, 2009 from 23,037.5 to 24,484.54 and the beneficial ownership amounts listed in Box 9 of Table II from 49514.86 to 50961.9.
- [F3]The phantom stock units become payable in common stock (or in certain cases in cash) upon (unless the reporting person elects otherwise in accordance with the documents governing the applicable program) the earlier of (i) the January 1 coincident with or next following the earlier of (A) the reporting person's ceasing to be a director, and (B) the reporting person's death, and (ii) a change of control of the Company (as determined under such governing documents). In addition, the reporting person may be permitted to elect to receive distributions (i) for certain unforeseeable emergencies and (ii) in the form of installment payments.