Weiss Glen J. 4
4 · VORNADO REALTY TRUST · Filed Jan 14, 2022
Insider Transaction Report
Form 4
Weiss Glen J.
EVP- OFF. LEASING CO HEAD R.E.
Transactions
- Award
Restricted Units
[F1][F2]2022-01-12+21,339→ 21,339 total→ Common Shares (21,339 underlying)
Footnotes (2)
- [F1]On January 12, 2022, 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"). 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.
- [F2]The Restricted Units vest in four equal installments on January 10, 2023, 2024, 2025 and 2026, subject to the reporting person's continuous service with the Company at each vesting date.
Signature
/s/ Ryan Saum, Attorney in Fact|2022-01-14