4//SEC Filing
GREEN STEPHEN L 4
Accession 0001179110-19-000675
CIK 0001040971other
Filed
Jan 9, 7:00 PM ET
Accepted
Jan 10, 5:45 PM ET
Size
6.5 KB
Accession
0001179110-19-000675
Insider Transaction Report
Form 4
GREEN STEPHEN L
Director
Transactions
- Award
LTIP Units
2019-01-08+9,862→ 167,134 total→ Common Stock (9,862 underlying)
Footnotes (2)
- [F1]Represents LTIP Units issued pursuant to the Issuer's equity based compensatory programs. Conditioned upon minimum allocations to the capital accounts of the LTIP Units for federal income tax purposes, each vested LTIP Unit may be converted, at the election of the holder, into a Class A Unit of limited partnership interest in SL Green Operating Partnership, L.P. (a "Common Unit"). Each Common Unit acquired upon conversion of an LTIP Unit may be presented for redemption, at the election of the holder, for cash equal to the then fair market value of a share of the Issuer's Common Stock, except that the Issuer may, at its election, acquire each Common Unit so presented for one share of Common Stock. The redemption right generally cannot be exercised until two years from the date of the grant. The rights to convert LTIP Units into Common Units and redeem Common Units do not have expiration dates.
- [F2]Each LTIP Unit and Common Unit acquired upon conversion of such LTIP Unit is subject to an additional three-year no-sell provision pursuant to which such LTIP Unit and Common Unit generally may not be transferred, and the redemption right associated with the Common Unit may not be exercised, until the earlier of (i) three years after the grant date, (ii) termination of the reporting person's employment or (iii) a change in control of the Issuer.
Documents
Issuer
SL GREEN REALTY CORP
CIK 0001040971
Entity typeother
Related Parties
1- filerCIK 0001217550
Filing Metadata
- Form type
- 4
- Filed
- Jan 9, 7:00 PM ET
- Accepted
- Jan 10, 5:45 PM ET
- Size
- 6.5 KB