VORNADO REALTY TRUST 4
4 · VORNADO REALTY TRUST · Filed Dec 29, 2016
Insider Transaction Report
Form 4
SCHEAR MITCHELL N
President - VNO/Smith Division
Transactions
- Other
Common Shares
2016-12-27+20,000→ 78,877 total - Other
Class A Units
2016-12-27−20,000→ 40,962 total→ Common Shares (20,000 underlying)
Footnotes (3)
- [F1]Common Shares of beneficial interest, par value $.04 per share (the "Common Shares"), of Vornado Realty Trust were issued upon the redemption and tender of Class A units ("Class A Units") of Vornado Realty L.P. on a one for one basis.
- [F2]Class A Units may be redeemed at the election of the holder, in whole or in part for cash equal to the fair market value, at the time of redemption, of one Common Share for each Class A Unit redeemed or, at the option of Vornado Realty Trust, one such Common Share for each Class A Unit tendered for redemption.
- [F3]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.