4//SEC Filing
Franco Michael J. 4
Accession 0001415889-23-000952
CIK 0000899689other
Filed
Jan 12, 7:00 PM ET
Accepted
Jan 13, 4:04 PM ET
Size
6.1 KB
Accession
0001415889-23-000952
Insider Transaction Report
Form 4
Franco Michael J.
EVP - Co-Hd. of Acquisitions
Transactions
- Award
Restricted Units
2023-01-11+56,585→ 56,585 total→ Common Shares (56,585 underlying)
Footnotes (2)
- [F1]On January 11, 2023, 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, 2024, 2025, 2026 and 2027, subject to the reporting person's continuous service with the Company at each vesting date.
Documents
Issuer
VORNADO REALTY TRUST
CIK 0000899689
Entity typeother
Related Parties
1- filerCIK 0001504696
Filing Metadata
- Form type
- 4
- Filed
- Jan 12, 7:00 PM ET
- Accepted
- Jan 13, 4:04 PM ET
- Size
- 6.1 KB