Home/Filings/4/0001415889-23-015691
4//SEC Filing

ROTH STEVEN 4

Accession 0001415889-23-015691

CIK 0000899689other

Filed

Nov 30, 7:00 PM ET

Accepted

Dec 1, 4:30 PM ET

Size

30.5 KB

Accession

0001415889-23-015691

Insider Transaction Report

Form 4
Period: 2023-12-01
ROTH STEVEN
DirectorChairman & CEO
Transactions
  • Exercise/Conversion

    Class A Units

    2023-12-01+368,8991,163,981 total(indirect: By LLC)
    Common Shares (368,899 underlying)
  • Exercise/Conversion

    Restricted Units

    2023-12-0139,7960 total
    Common Shares (39,796 underlying)
  • Exercise/Conversion

    Restricted Units

    2023-12-0147,1210 total
    Common Shares (47,121 underlying)
  • Exercise/Conversion

    Restricted Units

    2023-12-0118,2820 total
    Common Shares (18,282 underlying)
  • Exercise/Conversion

    Restricted Units

    2023-12-0137,2740 total
    Common Shares (37,274 underlying)
  • Exercise/Conversion

    Restricted Units

    2023-12-0114,9570 total
    Common Shares (14,957 underlying)
  • Exercise/Conversion

    Restricted Units

    2023-12-017,2910 total
    Common Shares (7,291 underlying)
  • Exercise/Conversion

    Restricted Units

    2023-12-0198,17832,726 total
    Common Shares (98,178 underlying)
  • Exercise/Conversion

    Restricted Units

    2023-12-0157,09657,097 total
    Common Shares (57,096 underlying)
  • Exercise/Conversion

    Restricted Units

    2023-12-0126,4660 total
    Common Shares (26,466 underlying)
  • Exercise/Conversion

    Restricted Units

    2023-12-0122,4380 total
    Common Shares (22,438 underlying)
Footnotes (12)
  • [F1]On January 14, 2015, the reporting person received a grant of Restricted Units (the "Restricted Units") of Vornado Realty L.P. (the "Operating Partnership"), vesting in four equal annual installments beginning on January 10, 2016. These 39,796 vested Restricted Units are being converted into Class A Units of the Operating Partnership ("Class A Units") on a one-for-one basis pursuant to their terms.
  • [F10]On January 20, 2021, the reporting person received a grant of Restricted Units of the Operating Partnership, which vested immediately upon grant. These 26,466 vested Restricted Units are being converted into Class A Units on a one-for-one basis pursuant to their terms.
  • [F11]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 Common Shares of Vornado Realty Trust (the "Issuer") at the election of the Issuer, on a one for one basis or the cash value of such shares. Class A Units do not have expiration dates.
  • [F12]Following the conversions, these Class A Units were contributed by the reporting person to a limited liability company which is managed and controlled solely by the reporting person and all interests therein are held by the reporting person and his spouse. This transfer was exempt from Section 16, including pursuant to Rule 16a-13 under the Securities Exchange Act of 1934, as amended. The reporting person disclaims beneficial ownership of any Class A Units in which he does not have a pecuniary interest.
  • [F2]On January 13, 2017, the reporting person received a grant of Restricted Units of the Operating Partnership, vesting in four equal annual installments beginning on January 10, 2018. These 47,121 vested Restricted Units are being converted into Class A Units on a one-for-one basis pursuant to their terms.
  • [F3]On March 15, 2018, the reporting person received a grant of Restricted Units of the Operating Partnership, vesting in four equal annual installments beginning on March 15, 2019. 18,282 of these vested Restricted Units are being converted into Class A Units on a one-for-one basis pursuant to their terms.
  • [F4]On January 14, 2019, the reporting person received a grant of Restricted Units of the Operating Partnership, vesting in four equal annual installments beginning on January 10, 2020. 37,274 of these vested Restricted Units are being converted into Class A Units on a one-for-one basis pursuant to their terms.
  • [F5]On January 13, 2020, the reporting person received a grant of Restricted Units of the Operating Partnership, which vested immediately upon grant. These 14,957 vested Restricted Units are being converted into Class A Units on a one-for-one basis pursuant to their terms.
  • [F6]On January 13, 2020, the reporting person received a grant of Restricted Units of the Operating Partnership, which were fully vested by December 31, 2020. These 7,291 vested Restricted Units are being converted into Class A Units on a one-for-one basis pursuant to their terms.
  • [F7]On March 30, 2020, the reporting person received a grant of Restricted Units of the Operating Partnership, vesting in four equal annual installments beginning on March 30, 2021. 98,178 of these vested Restricted Units are being converted into Class A Units on a one-for-one basis pursuant to their terms.
  • [F8]On January 12, 2021, the reporting person received a grant of Restricted Units of the Operating Partnership, vesting in four equal annual installments beginning on January 10, 2022. 57,096 of these vested Restricted Units are being converted into Class A Units on a one-for-one basis pursuant to their terms.
  • [F9]On January 12, 2021, the reporting person received a grant of Restricted Units of the Operating Partnership, which were fully vested by December 31, 2021. These 22,438 vested Restricted Units are being converted into Class A Units on a one-for-one basis pursuant to their terms.

Issuer

VORNADO REALTY TRUST

CIK 0000899689

Entity typeother

Related Parties

1
  • filerCIK 0000904503

Filing Metadata

Form type
4
Filed
Nov 30, 7:00 PM ET
Accepted
Dec 1, 4:30 PM ET
Size
30.5 KB