UNDERBERG NEIL 4
4 · ALEXANDERS INC · Filed May 31, 2011
Insider Transaction Report
Form 4
UNDERBERG NEIL
Director
Transactions
- Award
Deferred Stock Units
2011-05-26+131→ 131 total→ Common Stock (131 underlying)
Footnotes (2)
- [F1]On May 26, 2011, the reporting person received a grant of Deferred Stock Units of Alexander's Inc. (the "Company"). The Deferred Stock Units entitle the reporting person to an equivalent number of shares of Common Stock of the Company without the payment of any consideration.
- [F2]These Deferred Stock Units vest immediately but the Common Stock underlying the Deferred Stock Units is not deliverable until the reporting person is no longer serving as a member of the Company's Board of Directors.