MACNOW JOSEPH 4
4 · VORNADO REALTY TRUST · Filed Jun 17, 2019
Insider Transaction Report
Form 4
MACNOW JOSEPH
CFO/EVP - Fin. & Admin.
Transactions
- Discretionary Transaction
Phantom Units
2019-06-13$66.73/sh−84$5,606→ 7,474 total→ Common Shares (84 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 (the "NDCP") that are valued with respect to the underlying security, which in this case are Common Shares of Vornado Realty Trust (the "Common Shares"). The Reporting Person has no right to take possession of the underlying security.
- [F2]The Phantom Units became payable in cash to the Reporting Person commencing at a future date from the NDCP.