4//SEC Filing
KOGOD ROBERT P 4
Accession 0001179110-10-008737
CIK 0000899689other
Filed
May 16, 8:00 PM ET
Accepted
May 17, 4:12 PM ET
Size
7.0 KB
Accession
0001179110-10-008737
Insider Transaction Report
Form 4
KOGOD ROBERT P
Director
Transactions
- Award
Restricted Units
2010-05-13+608→ 2,311 total→ Common Shares (608 underlying)
Footnotes (3)
- [F1]On May 13, 2010, the reporting person received a grant of restricted units (the "Restricted Units") of Vornado Realty L.P. (the "Operating Partnership"), the operating partnership of Vornado Realty Trust (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 four-year period with the initial vesting occurring on May 13, 2011. These units are not transferable until the reporting person is no longer serving as a member of the Company's Board of Trustees, other than in connection with a conversion of the Restricted Units to Class A Units and a redemption of such Class A Units for Common Shares. Any Common Shares issued in connection with such a redemption must be held by the reporting person until such person is no longer a member of the Company's Board of Trustees.
- [F3]Of these 2,311 Restricted Units, (i) 506 are fully vested, (ii) 493 are scheduled to vest in May of 2011, (iii) 493 are scheduled to vest in May of 2012, (iv) 440 are scheduled to vest in May of 2013 and (v) 379 are scheduled to vest in May of 2014.
Documents
Issuer
VORNADO REALTY TRUST
CIK 0000899689
Entity typeother
Related Parties
1- filerCIK 0001077636
Filing Metadata
- Form type
- 4
- Filed
- May 16, 8:00 PM ET
- Accepted
- May 17, 4:12 PM ET
- Size
- 7.0 KB