4//SEC Filing
VORNADO REALTY TRUST 4
Accession 0001179110-17-005566
$VNOCIK 0000899689operating
Filed
Apr 3, 8:00 PM ET
Accepted
Apr 4, 4:41 PM ET
Size
18.0 KB
Accession
0001179110-17-005566
Insider Transaction Report
Form 4
SCHEAR MITCHELL N
President - VNO/Smith Division
Transactions
- Exercise/Conversion
LTIP Units
2017-04-03−4,935→ 4,935 total→ Common Shares (4,935 underlying) - Exercise/Conversion
Class A Units
2017-04-03+30,845→ 71,807 total→ Common Shares (30,845 underlying) - Exercise/Conversion
Restricted Units
2017-04-03−4,845→ 4,845 total→ Common Shares (4,845 underlying) - Exercise/Conversion
LTIP Units
2017-04-03−5,655→ 0 total→ Common Shares (5,655 underlying) - Exercise/Conversion
LTIP Units
2017-04-03−10,419→ 13,780 total→ Common Shares (10,419 underlying) - Exercise/Conversion
Restricted Units
2017-04-03−4,991→ 0 total→ Common Shares (4,991 underlying)
Footnotes (10)
- [F1]On March 15, 2013, 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 Issuer. These Restricted Units are being converted into Class A Units of the Operating Partnership ("Class A Units") on a one for one basis pursuant to their terms. Class A Units are redeemable (subject to certain limitations set forth in the Operating Partnership limited partnership agreement) by the holder for cash or, at the issuer's election, Common Shares of the Issuer on a one for one basis or the cash value of such shares.
- [F10]These Class A Units are immediately redeemable (subject to certain limitations set forth in the Operating Partnership limited partnership agreement) by the holder for cash or, at the issuer'selection, Common Shares of the Issuer on a one for one basis or the cash value of such shares. Class A Units do not have expiration dates.
- [F2]These Restricted Units vested in equal portions over a four-year period. The initial vesting occurred on February 27, 2014.
- [F3]On January 10, 2014, the reporting person received a grant of Restricted Units of the Operating Partnership. These Restricted Units are being converted into Class A Units on a one for one basis pursuant to their terms.
- [F4]These Restricted Units vested in equal portions over a four-year period. The initial vesting occurred on January 10, 2015.
- [F5]The LTIP Units are a class of units of the Operating Partnership conditioned upon minimum allocations to the capital accounts of the LTIP Units 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 (subject to certain limitations set forth in the Operating Partnership limited partnership agreement), by the holder for Common Shares of the Issuer on a one-for-one basis or the cash value of such shares, at the Issuer's option. The rights to convert LTIP Units into Class A Units and redeem Class A Units do not have expiration dates.
- [F6]Earned LTIP Units vested one-third on each of March 30, 2015, 2016 and 2017.
- [F7]Earned LTIP Units will vest one-third on each of March 15, 2016, 2017 and 2018
- [F8]Other than 3,529, LTIP Units to be issued to the reporting person under the Plan based upon a dividend accrual, earned LTIP Units will vest one-third on each of January 10, 2017, 2018 and 2019.
- [F9]Class A Units are redeemable (subject to certain limitations set forth in the Operating Partnership limited partnership agreement) by the holder for cash or, at the issuer's election, Common Sharesof the issuer on a one for one basis or the cash value of such shares.
Documents
Issuer
VORNADO REALTY TRUST
CIK 0000899689
Entity typeoperating
IncorporatedMD
Related Parties
1- filerCIK 0000899689
Filing Metadata
- Form type
- 4
- Filed
- Apr 3, 8:00 PM ET
- Accepted
- Apr 4, 4:41 PM ET
- Size
- 18.0 KB