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4//SEC Filing

KENNEDY CHRISTOPHER 4

Accession 0001179110-10-008424

CIK 0000899689other

Filed

May 11, 8:00 PM ET

Accepted

May 12, 4:20 PM ET

Size

14.1 KB

Accession

0001179110-10-008424

Insider Transaction Report

Form 4
Period: 2010-05-11
KENNEDY CHRISTOPHER
President - Merchandise Mart
Transactions
  • Exercise/Conversion

    Restricted Units

    2010-05-11312312 total
    Common Shares (312 underlying)
  • Exercise/Conversion

    Restricted Units

    2010-05-111,1411,712 total
    Common Shares (1,141 underlying)
  • Exercise/Conversion

    LTIP Units

    2010-05-1111,43611,436 total
    Common Shares (11,436 underlying)
  • Exercise/Conversion

    Class A Units

    2010-05-11+12,88957,614 total
    Common Shares (12,889 underlying)
Footnotes (8)
  • [F1]On April 25, 2006, the reporting person received a grant of restricted units (the "Restricted Units") of Vornado Realty L.P. (the "Operating Partnership"), the operating partnership of the Company. The Restricted Units are a class of units of the Operating Partnership that, following the occurrence of certain events and upon vesting, are convertible by the holder into an equivalent number of Class A Units of the Operating Partnership. Class A Units are redeemable by the holder for cash or, at the Company's election, Common Shares of the Company on a one for one basis or the cash value of such shares.
  • [F2]These Restricted Units vest in equal portions over a five-year period. The initial vesting occurred on April 1, 2007
  • [F3]On March 31, 2008, the reporting person received a grant of restricted units (the "Restricted Units") of Vornado Realty L.P. (the "Operating Partnership"), the operating partnership of the Company. The Restricted Units are a class of units of the Operating Partnership that, following the occurrence of certain events and upon vesting, are convertible by the holder into an equivalent number of Class A Units of the Operating Partnership. Class A Units are redeemable by the holder for cash or, at the Company's election, Common Shares of the Company on a one for one basis or the cash value of such shares.
  • [F4]These Restricted Units vest in equal portions over a five-year period. The initial vesting occurred on 03/31/2009.
  • [F5]The LTIP Units are a class of units of the Operating Partnership conditioned upon minimum allocations to the capital accounts of the LTIP Unit holder for federal income tax purposes. The LTIP Units are convertible by the reporting person, upon vesting, into an equivalent number of Class A Units of the Operating Partnership, which are redeemable by the holder for cash or, at the Company's election, Common Shares of the Company on a one for one basis or the cash value of such shares. The right to convert LTIP Units into Class A Units and redeem Class A Units do not have expiration dates.
  • [F6]Earned on 11/13/2006 and became exercisable upon vesting or upon receipt as a dividend payment.
  • [F7]Class A Units are redeemable by the holder for cash or, at the Company's election, Common Shares of the Company on a one for one basis or the cash value of such shares.
  • [F8]These Class A Units are immediately redeemable (subject to certain limitations set forth in the Vornado Realty L.P.'s limited partnership agreement). Class A Units do not have expiration dates.

Issuer

VORNADO REALTY TRUST

CIK 0000899689

Entity typeother

Related Parties

1
  • filerCIK 0001246480

Filing Metadata

Form type
4
Filed
May 11, 8:00 PM ET
Accepted
May 12, 4:20 PM ET
Size
14.1 KB