4//SEC Filing
Bassey Beatrice Hamza 4
Accession 0001415889-23-008413
CIK 0000899689other
Filed
May 18, 8:00 PM ET
Accepted
May 19, 4:31 PM ET
Size
6.3 KB
Accession
0001415889-23-008413
Insider Transaction Report
Form 4
Bassey Beatrice Hamza
Director
Transactions
- Award
Restricted Units
2023-05-18+13,436→ 13,436 total→ Common Shares (13,436 underlying)
Footnotes (2)
- [F1]On May 18, 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 are convertible by the holder into an equivalent number of Class A Units of the Operating Partnership. Class A Units are redeemable by the holder for cash or, at the Company's election, common shares of beneficial interest, $0.04 par value per share (the "Common Shares") of the Company on a one for one basis or the cash value of such shares.
- [F2]These Restricted Units vest immediately. These units are not transferable until the reporting person is no longer serving as a member of the Company's Board of Trustees, other than in connection with a conversion of the Restricted Units to Class A Units and a redemption of such Class A Units for Common Shares. Any Common Shares issued in connection with such a redemption must be held by the reporting person until such person is no longer a member of the Company's Board of Trustees.
Documents
Issuer
VORNADO REALTY TRUST
CIK 0000899689
Entity typeother
Related Parties
1- filerCIK 0001809005
Filing Metadata
- Form type
- 4
- Filed
- May 18, 8:00 PM ET
- Accepted
- May 19, 4:31 PM ET
- Size
- 6.3 KB