SEC Form 4 · accession 0001144204-16-087456
GETTY REALTY CORP /MD/ · GTY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mark James Olear
Officer — Exec VP & Chief Operating Ofc
Period of report
Mar 9, 2016
Accepted (ET)
Mar 11, 2016 · 1:30 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001052752
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | holding | — | — | — | 20 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restircted Stock UnitF3,F1,F2 | — | Mar 9, 2016 | A | 10,000 | A | — | — | Common Stock | 10,000 | 22,500 | D |
Explanation of responses
- F1Each RSU is settled for 1 share of common stock or the cash equivalent upon the settlement date noted in footnote (2) below.
- F2Restricted Stock Units vest ratably over five years commencing on the first anniversary of the date of grant and are settled in cash or common stock, in the discretion of the Compensation Committee, upon the earlier of the tenth anniversary of the grant date or termination employment.
- F3The RSU's were received by Mr. Olear for no consideration.