SEC Form 4 · accession 0001179110-18-012403

SL GREEN REALTY CORP · SLG

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — Chief Financial Officer

Period of report

Oct 26, 2018

Accepted (ET)

Oct 30, 2018 · 7:27 pm EDT

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0001040971

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I
Common Stock^F1	Oct 26, 2018	C	35,000	—	A	36,234	D
Common Stock	Oct 26, 2018	S	3,967	$92.07	D	32,267	D
Common Stock	Oct 29, 2018	S	31,033	$92.30	D	1,234	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
LTIP Units^F2	—	Oct 26, 2018	C	35,000	D	—	—	Common Stock	35,000	42,734	D

F135,000 of the Reporting Person's LTIP units ("LTIP Units") in SL Green Operating Partnership, L.P. ("SLGOP"), of which the Issuer is the sole general partner, were exchanged for Class A Units of limited partnership interests in SLGOP ("Common Units") and then were immediately converted into an equal number of shares of the Issuer's Common Stock.
F2Represents LTIP Units issued as long term incentive compensation pursuant to the Issuer's equity based compensatory programs. Conditioned upon minimum allocations to the capital account of the LTIP Units for federal income tax purposes, each LTIP Unit may be converted, at the election of the holder, into a Common Unit. Each Common Unit acquired upon conversion of an LTIP Unit may be presented for redemption at the election of the holder, for cash equal to the fair market value of a share of the Issuer's Common Stock, except that the Issuer may, at its election, acquire each Common Unit so represented for one share of Common Stock. The rights to convert LTIP Units into Common Units and redeem Common Units do not have expiration dates.