VORNADO REALTY TRUST 4
4 · VORNADO REALTY TRUST · Filed Nov 28, 2016
Insider Transaction Report
Form 4
Lynne Michael
Director
Transactions
- Award
Phantom Units
2016-11-23$96.26/sh+355$34,171→ 11,753 total→ Common Shares (355 underlying)
Footnotes (2)
- [F1]Conversion or exercise price of 1 for 1. The Phantom Units represent compensation deferred by the Reporting Person into interests held through the Vornado Realty Trust Nonqualified Deferred Compensation Plan that are valued with respect to the underlying security, which in this case is common shares of Vornado Realty Trust.
- [F2]The Phantom Units become payable in cash or the underlying security, to the Reporting Person commencing upon a distribution at a future date from the Vornado Realty Trust Nonqualified Deferred Compensation Plan.