Langer Barry 4
4 · VORNADO REALTY TRUST · Filed Mar 30, 2020
Insider Transaction Report
Form 4
Langer Barry
EVP - DEV. CO-HEAD OF R.E.
Transactions
- Exercise/Conversion
Restricted Units
2020-03-26−745→ 0 total→ Common Shares (745 underlying) - Exercise/Conversion
Class A Units
2020-03-26+745→ 16,605 total→ Common Shares (745 underlying)
Footnotes (4)
- [F1]On January 14, 2016, 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.
- [F2]These Restricted Units vested in equal portions over a four-year period. The initial vesting occurred on January 10, 2017.
- [F3]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.
- [F4]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's election, 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.