SEC Form 4 · accession 0001144204-16-087515
GETTY REALTY CORP /MD/ · GTY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Howard B Safenowitz
Director
Period of report
Mar 9, 2016
Accepted (ET)
Mar 11, 2016 · 3:41 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 StockF1 | holding | — | — | — | 169,528 | D | ||
| Common StockF2,F3 | holding | — | — | — | 45,246 | I | By Footnote | |
| Common StockF4,F5 | holding | — | — | — | 324,537 | I | As Trustee | |
| Common StockF6,F7 | holding | — | — | — | 1,848,092 | I | By Ltd Partnership | |
| Common StockF8 | holding | — | — | — | 89,798 | I | By Partnership | |
| Common StockF9,F10 | holding | — | — | — | 11,586 | I | By Spouse | |
| Common StockF11,F12 | holding | — | — | — | 517,857 | I | By Footnote |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitF15,F13,F14 | — | Mar 9, 2016 | A | 5,000 | A | — | — | Common Stock | 5,000 | 35,500 | D |
Explanation of responses
- F1Increase in securities (935) is the result of a special stock dividend by the Issuer.
- F10Owned by Spouse. The reporting person disclaims beneficial ownership in these shares.
- F11Increase in securities (2,857) is the result of a special stock dividend by the Issuer.
- F12As President of the General Partner of The Safenowitz Family Partnership, LP. The reporting person disclaims beneficial ownership of the shares held by thePartnership, except to the extent of his pecuniary interest herein.
- F13Each RSU is settled for 1 share of common stock or the cash equivalent upon the settlement date noted in footnote (14) below.
- F14Restricted 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 thediscretion of the Compensation Committee, upon the earlier of the tenth anniversary of the grant date or termination of service as a director of theCompany.
- F15The RSUs were received by Reporting Person for no consideration
- F2Increase in securities (246) is the result of a special stock dividend by the Issuer.
- F3Owned by three adult children living in the reporting person's household. The reporting person disclaims beneficial ownership in these shares.
- F4Increase in securities is the result of a special stock dividend by the Issuer of which 69 shares were issued directly to the Trust and 3,928 shares were re-distributed to the Trust proportionate to its ownership of an S-Corporation which had received the aforesaid special dividend and redistributed same in kind to its shareholders.
- F5Shares beneficially owned by the Marilyn Safenowitz Irrevocable Trust u/a/d 4/13/2000. The reporting person is the trustee.
- F6Increase in securities (10,198) is the result of a special stock dividend by the Issuer.
- F7Shares held by the Safenowitz Partners, LP (the "Limited Partnership"). The reporting person is the president of Safenowitz Family Corp., which is theGeneral Partner of the Limited Partnership. The reporting person disclaims beneficial ownership of the shares held by the Limited Partnership, except to theextent of his pecuniary interest therein.
- F8Increase in securities (495) is the result of a special stock dividend by the Issuer.
- F9Increase in securities (63) is the result of a special stock dividend by the Issuer.