4//SEC Filing
Flynn Conor C 4
Accession 0001437749-24-004568
CIK 0000879101other
Filed
Feb 15, 7:00 PM ET
Accepted
Feb 16, 4:12 PM ET
Size
6.3 KB
Accession
0001437749-24-004568
Insider Transaction Report
Form 4
Flynn Conor C
EVP - COO
Transactions
- Award
Long-Term Incentive Units
2024-02-15+102,720→ 102,720 total→ Common Stock (102,720 underlying)
Footnotes (2)
- [F1]Long-Term Incentive Units are profits interest units in Kimco Realty OP, LLC ("Operating Partnership"), of which the Issuer is the general partner. Profits interest units may initially not have full parity with common limited partnership units of Operating Partnership ("Common Units") with respect to liquidating distributions; however upon the occurrence of specified events, profits interest units may achieve full parity with Common Units for all purposes. Vested profits interest units that have achieved full parity with Common Units may be converted into an equal number of Common Units on a 1-for-1 basis at any time. Common Units are redeemable for cash based on the FMV of an equivalent number of shares of common stock of the Issuer, or, at the election of the Issuer, for an equal number of shares of the Issuer's common stock, subject to adjustment in the event of stock splits, stock dividends, issuance of stock right, specified extraordinary distributions of similar events.
- [F2]The units will vest in five equal annual installments beginning on February 15, 2025. The vested profits interest units have no expiration date.
Documents
Issuer
KIMCO REALTY CORP
CIK 0000879101
Entity typeother
Related Parties
1- filerCIK 0001576790
Filing Metadata
- Form type
- 4
- Filed
- Feb 15, 7:00 PM ET
- Accepted
- Feb 16, 4:12 PM ET
- Size
- 6.3 KB