MACNOW JOSEPH 4
4 · VORNADO REALTY TRUST · Filed Jan 15, 2020
Insider Transaction Report
Form 4
MACNOW JOSEPH
CFO/EVP - Fin. & Admin.
Transactions
- Gift
Common Shares
2019-04-12−441→ 3,500 total(indirect: By Spouse) - Award
Restricted Units
2020-01-13+18,696→ 18,696 total→ Common Shares (18,696 underlying) - Gift
Common Shares
2019-06-21−372→ 3,128 total(indirect: By Spouse)
Footnotes (4)
- [F1]These Common Shares were a gift.
- [F2]These Common Shares are held by Mr. Macnow's spouse. The filing of this Form 4 shall not be deemed an admission that Mr. Macnow is the beneficial owner of the Common Shares.
- [F3]On January 13, 2020, the reporting person received a grant of restricted units (the "Restricted Units") of Vornado Realty L.P. (the "Operating Partnership"), the operating partnership of Vornado Realty Trust (the "Company" or "VNO"). The Restricted Units are a class of units of the Operating Partnership that following the occurrence of certain events and upon vesting are convertible by the holder into an equivalent number of Class A Units of the Operating Partnership ("Class A Units"). Class A Units of the Operating Partnership are redeemable by the holder for cash or, at the Company's election, common shares of the Company on a one-for-one basis or the cash value of such shares.
- [F4]The Restricted Units vest immediately.