4//SEC Filing
Franco Michael J. 4
Accession 0001179110-22-000502
CIK 0000899689other
Filed
Jan 13, 7:00 PM ET
Accepted
Jan 14, 4:40 PM ET
Size
8.1 KB
Accession
0001179110-22-000502
Insider Transaction Report
Form 4
Franco Michael J.
EVP - Co-Hd. of Acquisitions
Transactions
- Award
Restricted Units
2022-01-12+23,125→ 23,125 total→ Common Shares (23,125 underlying) - Award
Restricted Units
2022-01-12+6,617→ 6,617 total→ Common Shares (6,617 underlying)
Footnotes (3)
- [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.
- [F3]The Restricted Units fully vest on January 12, 2023.
Documents
Issuer
VORNADO REALTY TRUST
CIK 0000899689
Entity typeother
Related Parties
1- filerCIK 0001504696
Filing Metadata
- Form type
- 4
- Filed
- Jan 13, 7:00 PM ET
- Accepted
- Jan 14, 4:40 PM ET
- Size
- 8.1 KB